Sectors & Industries HealthcareDiagnostics & 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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
ICLR	ICON PLC	$301.61	357,007	-10.56%	300.59	304.70	318.80	295.22	274.03	45.17	45.01	46.79	79.36	83.24	-4.52	-4.87	0.35	0.97
FONR	FONAR CORP	$16.01	13,796	-59.85%	16.30	17.16	20.17	20.07	18.04	30.78	8.05	9.11	65.32	69.29	-1.20	-1.24	0.04	0.60
STRR	STAR EQUITY HOLDINGS INC	$0.92	11,517	-88.81%	0.89	0.90	0.91	0.96	0.97	54.13	74.50	64.19	87.19	85.70	-0.00	-0.01	0.01	0.52
RVTY	REVVITY INC	$102.60	816,106	-9.44%	102.09	103.25	104.68	104.92	105.77	48.13	51.19	46.42	63.20	52.50	-0.57	-0.72	0.15	0.88
CRL	CHARLES RIVER LABORATORIES INTERNATIONAL INC	$232.69	534,483	5.45%	231.71	238.33	252.26	237.46	216.82	41.76	30.35	24.12	75.73	63.30	-6.45	-6.21	-0.24	1.17
NEOG	NEOGEN CORP	$12.25	2,114,817	40.01%	12.11	12.56	14.64	16.29	17.68	38.02	52.03	43.89	94.62	94.01	-0.71	-0.84	0.13	1.01
TMO	THERMO FISHER SCIENTIFIC INC	$574.99	1,171,925	-22.33%	565.26	567.19	574.40	555.80	530.75	53.59	77.25	75.83	88.19	85.32	-0.26	-2.15	1.90	0.83
IDXX	IDEXX LABORATORIES INC	$468.04	1,017,078	37.59%	487.65	495.64	527.41	535.73	503.32	31.63	50.54	57.43	70.87	85.73	-11.19	-12.06	0.87	1.04
A	AGILENT TECHNOLOGIES INC	$138.69	850,440	-21.54%	136.52	139.20	141.61	137.47	127.14	48.31	59.10	55.11	81.37	70.05	-1.40	-1.52	0.12	0.97
ENZ	ENZO BIOCHEM INC	$1.04	50,051	-44.18%	1.07	1.13	1.23	1.28	1.35	23.96	12.68	10.40	20.15	17.73	-0.06	-0.05	-0.01	0.46
QGEN	QIAGEN NV	$42.81	1,467,683	-30.55%	41.43	41.04	42.56	43.56	43.22	59.40	95.91	92.29	100.00	96.20	-0.09	-0.45	0.36	0.42
DGX	QUEST DIAGNOSTICS INC	$137.55	676,618	-36.61%	134.36	132.09	129.78	131.46	131.17	61.46	76.23	74.89	86.50	83.22	2.14	1.31	0.83	0.61
SHC	SOTERA HEALTH CO	$11.27	1,100,711	-29.76%	11.22	11.23	12.77	14.22	14.69	41.37	60.99	65.24	87.93	92.53	-0.35	-0.49	0.14	1.24
MEDP	MEDPACE HOLDINGS INC	$397.86	297,055	32.14%	389.94	392.62	397.96	352.87	306.03	52.80	60.85	60.44	68.69	68.40	0.33	-0.21	0.54	1.23
DHR	DANAHER CORP	$246.89	2,292,363	-40.74%	244.42	243.68	248.72	241.30	236.93	52.28	61.73	61.11	68.50	67.81	-0.14	-1.00	0.86	0.85
CSTL	CASTLE BIOSCIENCES INC	$22.02	250,537	-17.36%	20.25	20.26	20.93	21.32	19.21	60.08	88.41	76.90	94.53	87.73	0.02	-0.26	0.28	1.13
WAT	WATERS CORP	$315.92	493,823	33.95%	307.28	318.11	333.72	325.33	297.91	46.46	48.25	43.51	87.31	75.83	-7.11	-7.90	0.79	0.92
LH	LABORATORY CORP OF AMERICA HOLDINGS	$201.32	765,346	-13.73%	202.35	204.54	210.82	217.17	212.91	41.63	42.54	35.11	76.21	65.65	-2.93	-3.04	0.11	0.91
MTD	METTLER TOLEDO INTERNATIONAL INC	$1,249.75	96,984	-3.53%	1,226.29	1,251.85	1,274.76	1,231.12	1,182.43	48.72	58.26	54.28	80.22	68.40	-13.63	-14.94	1.31	1.01
PRE	PRENETICS GLOBAL LTD	$4.91	9,525	-82.77%	4.31	3.97	4.39	4.63	6.01	59.51	39.16	37.65	85.88	85.19	0.16	-0.03	0.19	0.58
SERA	SERA PROGNOSTICS INC	$10.43	151,319	39.69%	0.75	0.81	0.91	0.88	0.96	39.77	42.24	37.92	81.62	79.03	-0.05	-0.06	0.00	0.76
IQV	IQVIA HOLDINGS INC	$232.94	1,025,515	52.80%	233.51	235.06	244.74	232.92	220.50	43.63	49.57	50.64	62.04	64.81	-2.77	-3.06	0.28	1.19
TWST	TWIST BIOSCIENCE CORP	$31.96	1,340,814	32.40%	30.58	30.94	34.18	34.65	27.74	50.39	74.83	71.37	94.38	95.55	-0.69	-1.11	0.42	1.73
PRPO	PRECIPIO INC	$5.62	1,462	-77.88%	6.07	6.32	6.31	6.33	6.63	35.00	9.67	18.99	6.06	15.70	-0.15	-0.06	-0.10	0.75
NTRA	NATERA INC	$94.15	1,029,331	65.56%	90.77	92.42	89.14	76.67	62.93	58.21	73.84	67.52	73.29	61.88	0.93	0.96	-0.02	1.38
PSNL	PERSONALIS INC	$1.55	236,991	-22.86%	1.33	1.34	1.45	1.51	1.49	61.75	80.52	61.18	99.97	85.66	-0.01	-0.04	0.03	1.58
DRIO	DARIOHEALTH CORP	$1.46	79,124	-63.60%	1.39	1.34	1.55	1.74	2.16	52.24	80.67	84.48	86.85	89.89	-0.02	-0.05	0.04	1.16
FLGT	FULGENT GENETICS INC	$20.70	136,508	-55.77%	20.42	20.72	21.93	24.50	27.26	45.40	47.31	32.93	93.54	72.45	-0.45	-0.55	0.10	1.26
OLK	OLINK HOLDING AB (PUBL)	$22.68	226,890	36.30%	22.58	22.78	23.13	24.09	21.72	45.40	68.54	72.85	85.04	90.42	-0.17	-0.25	0.08	1.51
ACRS	ACLARIS THERAPEUTICS INC	$1.26	979,115	22.21%	1.22	1.21	1.22	1.17	3.62	57.25	56.25	46.53	80.17	65.13	0.00	-0.00	0.00	1.02
NEO	NEOGENOMICS INC	$13.96	1,186,906	-49.91%	14.00	14.21	15.00	15.76	15.37	45.56	37.88	40.94	64.69	71.47	-0.23	-0.30	0.07	1.43
DMTK	DERMTECH INC	$0.62	74,147	-64.74%	0.61	0.62	0.76	1.08	1.51	42.68	30.82	22.97	89.43	80.30	-0.04	-0.05	0.01	1.22
STIM	NEURONETICS INC	$3.56	52,337	-15.89%	3.65	3.92	3.92	3.44	2.47	39.96	18.05	14.29	14.43	6.88	-0.17	-0.09	-0.07	1.29
EXAS	EXACT SCIENCES CORP	$60.01	2,171,694	-19.32%	60.94	65.29	63.15	64.90	69.53	39.95	9.95	6.04	7.66	3.41	-1.74	-0.82	-0.92	1.31
OCX	ONCOCYTE CORP	$2.55	4,697	-74.03%	2.50	2.65	2.86	2.96	3.17	40.84	23.32	21.24	65.72	50.16	-0.12	-0.12	-0.00	1.21
BGLC	BIONEXUS GENE LAB CORP	$0.61	52,740	-25.87%	0.63	0.63	0.69	0.65	0.87	46.98	7.46	5.69	12.90	9.63	-0.02	-0.02	-0.00	6.85
RDNT	RADNET INC	$50.45	1,012,208	182.57%	48.45	48.45	46.30	41.46	36.04	65.06	79.29	72.26	70.76	61.03	0.77	0.79	-0.02	1.34
BNR	BURNING ROCK BIOTECH LTD	$0.75	345,295	1,082.11%	0.81	0.78	0.77	0.81	1.02	45.76	43.24	61.82	28.94	55.44	0.01	0.01	-0.00	1.01
LAB	STANDARD BIOTOOLS INC	$2.54	2,527,691	-8.04%	2.49	2.64	2.60	2.42	2.43	46.99	42.86	37.03	39.09	26.54	-0.05	-0.03	-0.02	1.30
APDN	APPLIED DNA SCIENCES INC	$4.03	49,677	7.67%	5.20	6.37	8.72	10.69	17.19	20.77	7.41	7.94	11.20	9.03	-1.34	-1.14	-0.20	0.20
XGN	EXAGEN INC	$1.36	23,747	207.36%	1.40	1.43	1.64	1.79	1.96	35.72	35.71	41.42	58.69	80.74	-0.07	-0.08	0.01	1.34
GH	GUARDANT HEALTH INC	$18.26	1,158,059	22.60%	17.47	17.70	18.51	21.62	26.08	51.47	68.16	56.32	97.60	87.77	-0.27	-0.44	0.17	1.34
XWEL	XWELL INC	$1.71	6,685	57.89%	1.62	1.54	1.76	1.73	2.46	55.32	69.35	74.77	87.52	93.11	0.01	-0.04	0.05	1.18
BDSX	BIODESIX INC	$1.25	8,416	-77.54%	1.25	1.28	1.40	1.61	1.55	40.71	51.67	43.74	63.74	56.63	-0.05	-0.06	0.01	1.10
CDNA	CAREDX INC	$9.18	2,599,703	214.50%	8.10	8.56	9.58	9.87	9.07	54.07	41.56	25.46	88.39	62.32	-0.42	-0.49	0.07	1.52
CHEK	CHECK-CAP LTD	$2.30	5,572	-67.50%	2.26	2.33	2.24	2.23	2.78	50.46	38.59	30.01	50.11	37.33	-0.02	-0.00	-0.01	0.55
ME	23ANDME HOLDING CO	$0.50	3,076,920	8.06%	0.49	0.46	0.50	0.64	0.88	52.47	57.99	53.24	94.58	90.43	-0.00	-0.01	0.01	1.68
NDRA	ENDRA LIFE SCIENCES INC	$0.29	80,175	25.51%	0.26	0.30	0.71	1.03	1.07	30.50	34.41	26.64	100.00	97.84	-0.12	-0.15	0.03	0.92
ULS	UL SOLUTIONS INC	$34.85	590,319	27.13%	1.90	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.13
PRPH	PROPHASE LABS INC	$5.19	31,942	-41.12%	4.99	5.74	5.49	5.18	5.14	45.87	10.02	5.10	9.48	3.67	-0.28	-0.14	-0.15	0.29
NOTV	INOTIV INC	$3.92	525,241	-22.89%	4.28	5.41	7.25	5.55	4.50	28.89	5.10	3.38	20.74	15.11	-1.08	-0.94	-0.14	1.11
OPK	OPKO HEALTH INC	$1.27	5,331,645	72.07%	1.24	1.27	1.11	1.16	1.38	58.30	41.67	31.94	39.19	21.37	0.03	0.04	-0.01	1.21
AWH	ASPIRA WOMEN's HEALTH INC	$3.22	17,118	78.96%	3.37	3.26	3.52	3.88	3.99	42.81	44.69	53.43	7.58	23.86	-0.05	-0.06	0.01	0.94
VNRX	VOLITIONRX LTD	$0.87	142,260	83.68%	0.79	0.74	0.84	0.88	0.94	56.67	67.78	69.90	87.28	91.67	0.02	-0.02	0.03	0.98
GENE	GENETIC TECHNOLOGIES LTD	$2.36	24,413	20.58%	2.32	2.68	2.58	5.14	40.45	40.19	15.44	12.32	19.00	13.10	-0.16	-0.11	-0.04	0.68
ISPC	ISPECIMEN INC	$0.27	201,467	-3.37%	0.30	0.26	0.32	0.41	0.61	47.92	22.31	22.20	49.00	49.74	-0.00	-0.01	0.01	0.75
MYGN	MYRIAD GENETICS INC	$19.47	977,592	58.39%	18.77	19.32	20.90	20.79	19.10	47.50	62.29	44.20	92.63	67.39	-0.53	-0.68	0.15	1.37
BIAF	BIOAFFINITY TECHNOLOGIES INC	$2.45	79,844	4.35%	2.58	2.61	2.24	1.89	1.72	50.10	20.15	17.79	15.00	11.32	0.07	0.13	-0.06	0.92
ILMN	ILLUMINA INC	$124.68	1,400,824	24.83%	121.75	124.05	130.55	133.76	137.67	48.05	44.06	39.88	94.95	83.20	-2.34	-3.02	0.67	1.10
MDXH	MDXHEALTH SA	$2.67	45,899	603.43%	2.44	2.45	2.81	3.28	3.17	56.22	79.00	71.51	100.00	98.01	-0.07	-0.12	0.06	0.41
PMD	PSYCHEMEDICS CORP	$2.62	1,948	-89.04%	2.59	2.67	2.87	3.02	3.30	42.43	25.49	17.62	86.57	73.89	-0.09	-0.10	0.01	0.46
TRIB	TRINITY BIOTECH PLC	$1.75	20,007	197.99%	1.82	1.86	2.05	2.23	2.75	34.24	7.02	8.98	41.96	56.55	-0.08	-0.08	0.01	0.35
MYNZ	MAINZ BIOMED NV	$0.75	138,896	207.83%	0.86	0.94	0.97	1.02	1.92	31.66	22.23	21.60	34.12	27.48	-0.05	-0.04	-0.01	0.69
MMA	ALTA GLOBAL GROUP LTD	$3.16	2,049	110.15%	4.65	4.76	N/A	N/A	N/A	50.14	44.50	45.69	N/A	N/A	N/A	N/A	N/A	-0.16
CNTG	CENTOGENE NV	$0.44	3,596	-95.96%	0.46	0.53	0.65	0.90	1.01	32.40	9.77	12.92	43.03	44.38	-0.07	-0.07	0.00	0.41
TTOO	T2 BIOSYSTEMS INC	$3.00	506,626	-1.64%	2.95	2.97	3.71	4.27	11.84	46.24	53.06	44.67	78.73	70.36	-0.16	-0.23	0.08	1.08

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 50, which is 22 points higher than the diagnostic & research industry average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Icon has seen its stock return 54.32% over the past year, overperforming other diagnostic & research stocks by 57 percentage points.

Icon has an average 1 year price target of $344.38, an upside of 14.18% from Icon's current stock price of $301.61.

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. Fonar (NASDAQ:FONR)

Fonar (NASDAQ:FONR) is the second best diagnostic & research stock with a Zen Score of 47, which is 19 points higher than the diagnostic & research industry average of 28. It passed 14 out of 33 due diligence checks and has strong fundamentals. Fonar has seen its stock return 1.14% over the past year, overperforming other diagnostic & research stocks by 3 percentage points.

3. Star Equity Holdings (NASDAQ:STRR)

Star Equity Holdings (NASDAQ:STRR) is the third best diagnostic & research stock with a Zen Score of 46, which is 18 points higher than the diagnostic & research industry average of 28. It passed 18 out of 38 due diligence checks and has strong fundamentals. Star Equity Holdings has seen its stock return 31.85% over the past year, overperforming other diagnostic & research stocks by 34 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 2.99%, which is 2 percentage points higher than the diagnostic & research industry average of 1.35%.

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 2.09%, which is 1 percentage points higher than the diagnostic & research industry average of 1.35%. 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. Laboratory Of America Holdings (NYSE:LH)

Laboratory Of America Holdings (NYSE:LH) has an annual dividend yield of 1.43%, which is the same as the diagnostic & research industry average of 1.35%. Laboratory Of America Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Laboratory Of America Holdings's dividend has not shown consistent growth over the last 10 years.

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

Why are diagnostic & research stocks up?

Diagnostic & research stocks were up 0.7% in the last day, and down -0.56% over the last week.

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

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 52 points higher than the diagnostic & research industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Star Equity Holdings's stock has gained 31.85% in the past year. It has overperformed other stocks in the diagnostic & research industry by 34 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 52 points higher than the diagnostic & research industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Enzo Biochem's stock has dropped -57.89% in the past year. It has underperformed other stocks in the diagnostic & research industry by -56 percentage points.

3. Icon (NASDAQ:ICLR)

Icon (NASDAQ:ICLR) is the third most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Icon has a valuation score of 71, which is 52 points higher than the diagnostic & research industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Icon's stock has gained 54.32% in the past year. It has overperformed other stocks in the diagnostic & research industry by 57 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 11.35% 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 38.5x.

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.