WallStreetZenWallStreetZen

Sectors & IndustriesHealthcareDiagnostics & Research
Best Diagnostic & Research Stocks to Buy Now (2024)
Top diagnostic & research stocks in 2024 ranked by overall Zen Score. See the best diagnostic & research stocks to buy now, according to analyst forecasts for the diagnostics & research industry.

Industry: Diagnostics & Research
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
ICLR
ICON PLC
NASDAQ
Diagnostics & Research
$26.02B$314.72-0.35%$1.62B37.92x0.81
STRR
STAR EQUITY HOLDINGS INC
NASDAQ
Diagnostics & Research
$13.95M$0.88-1.12%$26.87M0.55x0.16
FONR
FONAR CORP
NASDAQ
Diagnostics & Research
$102.27M$15.24-2.99%$25.65M9.47x0.32
TMO
THERMO FISHER SCIENTIFIC INC
NYSE
Diagnostics & Research
$227.24B$595.30-0.31%$11.37B38.04x1.13
IDXX
IDEXX LABORATORIES INC
NASDAQ
Diagnostics & Research
$44.88B$543.450.46%$1.24B52.10x1.14
CRL
CHARLES RIVER LABORATORIES INTERNATIONAL INC
NYSE
Diagnostics & Research
$11.42B$221.61-1.40%$1.00B25.92x1.22
ENZ
ENZO BIOCHEM INC
NYSE
Diagnostics & Research
$55.84M$1.09-1.80%$33.74M1.63x0.40
DGX
QUEST DIAGNOSTICS INC
NYSE
Diagnostics & Research
$16.03B$144.341.34%$1.70B19.17x1.16
MEDP
MEDPACE HOLDINGS INC
NASDAQ
Diagnostics & Research
$12.19B$393.300.01%$405.89M38.67x1.67
SHC
SOTERA HEALTH CO
NASDAQ
Diagnostics & Research
$3.20B$11.29-1.05%$426.24M59.42x6.13
NEOG
NEOGEN CORP
NASDAQ
Diagnostics & Research
$2.93B$13.540.97%$188.76M677.00x0.46
LAB
STANDARD BIOTOOLS INC
NASDAQ
Diagnostics & Research
$956.40M$2.572.80%-$76.45M-2.54x0.35
A
AGILENT TECHNOLOGIES INC
NYSE
Diagnostics & Research
$45.20B$154.23-0.05%$1.69B36.55x0.77
QGEN
QIAGEN NV
NYSE
Diagnostics & Research
$10.23B$45.69-0.65%$680.17M31.12x0.61
DHR
DANAHER CORP
NYSE
Diagnostics & Research
$196.87B$265.800.36%$7.54B44.60x0.56
FLGT
FULGENT GENETICS INC
NASDAQ
Diagnostics & Research
$661.63M$22.11-1.73%-$127.63M-3.97x0.09
SERA
SERA PROGNOSTICS INC
NASDAQ
Diagnostics & Research
$269.72M$8.26-1.43%-$32.31M-7.72x0.39
CSTL
CASTLE BIOSCIENCES INC
NASDAQ
Diagnostics & Research
$669.20M$24.240.08%-$17.87M-21.26x0.14
EXAS
EXACT SCIENCES CORP
NASDAQ
Diagnostics & Research
$9.30B$50.38-3.02%$32.77M-38.17x1.04
NTRA
NATERA INC
NASDAQ
Diagnostics & Research
$13.07B$106.46-1.88%-$311.83M-34.12x0.85
PRE
PRENETICS GLOBAL LTD
NASDAQ
Diagnostics & Research
$70.84M$5.80-0.79%-$55.20M-1.04x0.21
RVTY
REVVITY INC
NYSE
Diagnostics & Research
$13.60B$110.231.63%$665.40M90.35x0.71
CHEK
CHECK-CAP LTD
NASDAQ
Diagnostics & Research
$12.78M$2.19-2.37%-$19.08M-0.73x0.06
OLK
OLINK HOLDING AB (PUBL)
NASDAQ
Diagnostics & Research
$2.98B$23.950.00%-$21.35M-88.70x0.18
LH
LABCORP HOLDINGS INC
NYSE
Diagnostics & Research
$17.75B$210.59-1.19%$1.55B41.29x1.08
WAT
WATERS CORP
NYSE
Diagnostics & Research
$21.11B$355.95-1.26%$979.13M34.86x2.59
PRPO
PRECIPIO INC
NASDAQ
Diagnostics & Research
$9.24M$6.291.29%-$3.37M-1.84x0.30
DRIO
DARIOHEALTH CORP
NASDAQ
Diagnostics & Research
$56.85M$1.901.06%-$50.61M-1.13x0.76
NEO
NEOGENOMICS INC
NASDAQ
Diagnostics & Research
$1.89B$14.80-1.27%$1.33M-22.42x0.78
TWST
TWIST BIOSCIENCE CORP
NASDAQ
Diagnostics & Research
$2.74B$47.011.10%-$155.32M-13.99x0.26
IQV
IQVIA HOLDINGS INC
NYSE
Diagnostics & Research
$42.12B$231.18-1.63%$3.27B31.16x3.19
MTD
METTLER TOLEDO INTERNATIONAL INC
NYSE
Diagnostics & Research
$32.52B$1,522.75-0.51%$1.17B42.48x-21.69
BNR
BURNING ROCK BIOTECH LTD
NASDAQ
Diagnostics & Research
$85.03M$8.303.36%-$71.63M-0.94x0.35
ACRS
ACLARIS THERAPEUTICS INC
NASDAQ
Diagnostics & Research
$84.81M$1.190.85%-$76.72M-1.09x0.23
RDNT
RADNET INC
NASDAQ
Diagnostics & Research
$4.24B$57.45-0.23%$281.33M174.09x2.17
CDNA
CAREDX INC
NASDAQ
Diagnostics & Research
$807.30M$15.504.87%-$175.06M-4.55x0.77
PSNL
PERSONALIS INC
NASDAQ
Diagnostics & Research
$72.71M$1.400.36%-$79.45M-0.74x0.62
STIM
NEURONETICS INC
NASDAQ
Diagnostics & Research
$78.29M$2.613.57%-$19.49M-2.75x2.75
ME
23ANDME HOLDING CO
NASDAQ
Diagnostics & Research
$283.47M$0.59-1.68%-$490.64M-0.53x0.61
GH
GUARDANT HEALTH INC
NASDAQ
Diagnostics & Research
$3.10B$25.36-3.35%-$414.22M-6.40x23.96
XWEL
XWELL INC
NASDAQ
Diagnostics & Research
$7.28M$1.74-3.60%-$21.66M-0.29x1.77
OCX
ONCOCYTE CORP
NASDAQ
Diagnostics & Research
$39.16M$2.93-4.56%-$38.55M-0.58x4.67
MYGN
MYRIAD GENETICS INC
NASDAQ
Diagnostics & Research
$2.29B$25.292.76%-$163.70M-9.03x0.46
DMTK
DERMTECH INC
NASDAQ
Diagnostics & Research
$17.45M$0.50-12.61%-$84.05M-0.19x1.58
XGN
EXAGEN INC
NASDAQ
Diagnostics & Research
$32.66M$1.88-0.53%-$14.09M-1.72x1.54
PRPH
PROPHASE LABS INC
NASDAQ
Diagnostics & Research
$95.97M$5.03-1.57%-$23.50M-3.70x1.01
AWH
ASPIRA WOMEN's HEALTH INC
NASDAQ
Diagnostics & Research
$33.12M$2.660.76%-$14.60M-1.87x-6.26
NDRA
ENDRA LIFE SCIENCES INC
NASDAQ
Diagnostics & Research
$3.39M$0.318.87%-$9.63M-0.27x0.37
VNRX
VOLITIONRX LTD
NYSEMKT
Diagnostics & Research
$63.77M$0.77-3.75%-$33.26M-1.67x-2.31
MDXH
MDXHEALTH SA
NASDAQ
Diagnostics & Research
$7.86M$2.880.70%-$21.40M-0.21x-126.12
GENE
GENETIC TECHNOLOGIES LTD
NASDAQ
Diagnostics & Research
$526.30k$2.28-0.44%N/A-0.77x0.76
NOTV
INOTIV INC
NASDAQ
Diagnostics & Research
$50.12M$1.93-9.81%$19.33M-0.70x2.94
BIAF
BIOAFFINITY TECHNOLOGIES INC
NASDAQ
Diagnostics & Research
$26.35M$2.26-7.76%-$7.92M-2.46x0.53
MYNZ
MAINZ BIOMED NV
NASDAQ
Diagnostics & Research
$14.39M$0.685.92%-$24.62M-0.42x3.74
ILMN
ILLUMINA INC
NASDAQ
Diagnostics & Research
$17.69B$111.07-2.96%-$640.00M-13.63x0.75
OPK
OPKO HEALTH INC
NASDAQ
Diagnostics & Research
$920.03M$1.321.54%-$128.11M-3.77x0.58
PMD
PSYCHEMEDICS CORP
NASDAQ
Diagnostics & Research
$14.98M$2.580.78%-$970.00k-3.35x0.78
APDN
APPLIED DNA SCIENCES INC
NASDAQ
Diagnostics & Research
$2.47M$2.51-8.73%-$11.10M-0.15x-194.21
TRIB
TRINITY BIOTECH PLC
NASDAQ
Diagnostics & Research
$12.11M$1.580.64%-$11.25M-0.49x-3.48
BDSX
BIODESIX INC
NASDAQ
Diagnostics & Research
$180.63M$1.580.96%-$32.10M-2.92x-16.85
MMA
ALTA GLOBAL GROUP LTD
NYSEMKT
Diagnostics & Research
N/A$4.543.74%-$16.12M-0.86x-0.55
ISPC
ISPECIMEN INC
NASDAQ
Diagnostics & Research
$2.40M$0.24-3.98%-$9.41M-0.19x0.84
TTOO
T2 BIOSYSTEMS INC
NASDAQ
Diagnostics & Research
$49.59M$5.640.00%-$38.59M-0.49x-1.66
CNTG
CENTOGENE NV
NASDAQ
Diagnostics & Research
$10.21M$0.37-2.63%-$20.95M-0.27x-4.05

Diagnostic & Research Stocks FAQ

What are the best diagnostic & research stocks to buy right now in May 2024?

According to Zen Score, the 3 best diagnostic & research stocks to buy right now are:

1. Icon (NASDAQ:ICLR)


Icon (NASDAQ:ICLR) is the top diagnostic & research stock with a Zen Score of 47, which is 21 points higher than the diagnostic & research industry average of 26. It passed 15 out of 33 due diligence checks and has strong fundamentals. Icon has seen its stock return 49.4% over the past year, overperforming other diagnostic & research stocks by 38 percentage points.

Icon has an average 1 year price target of $344.38, an upside of 9.42% from Icon's current stock price of $314.72.

Icon stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Icon, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Star Equity Holdings (NASDAQ:STRR)


Star Equity Holdings (NASDAQ:STRR) is the second best diagnostic & research stock with a Zen Score of 46, which is 20 points higher than the diagnostic & research industry average of 26. It passed 18 out of 38 due diligence checks and has strong fundamentals. Star Equity Holdings has seen its stock return 10% over the past year, underperforming other diagnostic & research stocks by -1 percentage points.

3. Fonar (NASDAQ:FONR)


Fonar (NASDAQ:FONR) is the third best diagnostic & research stock with a Zen Score of 43, which is 17 points higher than the diagnostic & research industry average of 26. It passed 13 out of 33 due diligence checks and has strong fundamentals. Fonar has seen its stock lose -9.98% over the past year, underperforming other diagnostic & research stocks by -21 percentage points.

What are the diagnostic & research stocks with highest dividends?

Out of 7 diagnostic & research stocks that have issued dividends in the past year, the 3 diagnostic & research stocks with the highest dividend yields are:

1. Qiagen Nv (NYSE:QGEN)


Qiagen Nv (NYSE:QGEN) has an annual dividend yield of 2.8%, which is 2 percentage points higher than the diagnostic & research industry average of 1.25%.

Qiagen Nv's dividend payout ratio of 87.2% indicates that its dividend yield is sustainable for the long-term.

2. Quest Diagnostics (NYSE:DGX)


Quest Diagnostics (NYSE:DGX) has an annual dividend yield of 2%, which is 1 percentage points higher than the diagnostic & research industry average of 1.25%. Quest Diagnostics's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Quest Diagnostics's dividend has shown consistent growth over the last 10 years.

Quest Diagnostics's dividend payout ratio of 38.2% indicates that its dividend yield is sustainable for the long-term.

3. Labcorp Holdings (NYSE:LH)


Labcorp Holdings (NYSE:LH) has an annual dividend yield of 1.03%, which is the same as the diagnostic & research industry average of 1.25%. Labcorp Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Labcorp Holdings's dividend has not shown consistent growth over the last 10 years.

Labcorp Holdings's dividend payout ratio of 56.5% indicates that its dividend yield is sustainable for the long-term.

Why are diagnostic & research stocks down?

Diagnostic & research stocks were down -0.44% in the last day, and up 1.56% over the last week.

We couldn't find a catalyst for why diagnostic & research stocks are down.

What are the most undervalued diagnostic & research stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued diagnostic & research stocks right now are:

1. Star Equity Holdings (NASDAQ:STRR)


Star Equity Holdings (NASDAQ:STRR) is the most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Star Equity Holdings has a valuation score of 71, which is 53 points higher than the diagnostic & research industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Star Equity Holdings's stock has gained 10% in the past year. It has underperformed other stocks in the diagnostic & research industry by -1 percentage points.

2. Enzo Biochem (NYSE:ENZ)


Enzo Biochem (NYSE:ENZ) is the second most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Enzo Biochem has a valuation score of 71, which is 53 points higher than the diagnostic & research industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Enzo Biochem's stock has dropped -52.81% in the past year. It has underperformed other stocks in the diagnostic & research industry by -64 percentage points.

3. Fonar (NASDAQ:FONR)


Fonar (NASDAQ:FONR) is the third most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Fonar has a valuation score of 71, which is 53 points higher than the diagnostic & research industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Fonar's stock has dropped -9.98% in the past year. It has underperformed other stocks in the diagnostic & research industry by -21 percentage points.

Are diagnostic & research stocks a good buy now?

52.08% of diagnostic & research stocks rated by analysts are a strong buy right now. On average, analysts expect diagnostic & research stocks to rise by 5.02% over the next year.

What is the average p/e ratio of the diagnostics & research industry?

The average P/E ratio of the diagnostics & research industry is 38.96x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.