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	$304.14	615,955	-13.90%	299.25	306.92	318.26	294.61	273.49	46.16	47.54	47.75	85.37	87.65	-4.56	-5.02	0.45	0.97
FONR	FONAR CORP	$16.09	22,003	145.05%	16.46	17.56	20.46	20.14	18.05	28.87	12.96	11.97	79.46	64.60	-1.24	-1.25	0.01	0.60
STRR	STAR EQUITY HOLDINGS INC	$0.93	27,490	-28.87%	0.88	0.90	0.91	0.96	0.97	57.41	52.53	35.26	79.66	58.32	-0.01	-0.01	0.00	0.52
RVTY	REVVITY INC	$105.02	942,994	14.96%	101.66	103.23	104.66	104.67	105.96	54.02	42.96	39.55	44.02	36.02	-0.63	-0.80	0.16	0.88
CRL	CHARLES RIVER LABORATORIES INTERNATIONAL INC	$232.10	322,958	0.29%	231.78	241.30	252.70	236.83	216.59	39.78	19.69	25.64	52.86	56.82	-6.78	-5.99	-0.79	1.17
NEOG	NEOGEN CORP	$12.42	1,911,738	-5.95%	12.08	12.77	14.84	16.40	17.78	39.68	34.22	28.22	90.51	90.74	-0.81	-0.90	0.10	1.01
QGEN	QIAGEN NV	$42.30	2,037,302	44.82%	40.77	40.99	42.57	43.55	43.26	55.76	85.60	83.37	90.60	88.94	-0.33	-0.62	0.30	0.42
TMO	THERMO FISHER SCIENTIFIC INC	$576.89	953,390	-33.66%	561.07	567.38	573.45	554.21	530.30	55.19	75.29	74.60	83.71	81.86	-1.05	-3.06	2.01	0.83
IDXX	IDEXX LABORATORIES INC	$505.34	414,066	-21.84%	488.35	499.88	530.33	536.52	503.96	48.99	57.27	46.66	94.99	94.99	-10.24	-12.92	2.67	1.04
A	AGILENT TECHNOLOGIES INC	$139.59	781,121	3.47%	136.08	139.81	141.47	137.28	126.95	49.60	51.84	49.07	60.68	53.06	-1.61	-1.55	-0.06	0.97
ENZ	ENZO BIOCHEM INC	$1.06	32,458	-71.75%	1.09	1.16	1.24	1.29	1.35	26.21	9.17	8.24	16.78	10.43	-0.05	-0.05	-0.01	0.46
LH	LABORATORY CORP OF AMERICA HOLDINGS	$204.17	1,394,991	49.79%	202.27	205.61	211.41	217.49	213.02	45.55	27.61	35.31	55.01	64.65	-3.04	-3.09	0.05	0.90
DGX	QUEST DIAGNOSTICS INC	$139.50	2,789,488	363.58%	132.23	131.53	129.22	131.40	131.19	66.60	74.10	77.73	80.55	85.02	1.77	0.87	0.90	0.61
MEDP	MEDPACE HOLDINGS INC	$400.21	203,080	40.39%	388.07	392.75	397.75	350.56	304.55	54.38	60.59	62.55	68.60	69.40	0.22	-0.40	0.62	1.23
DHR	DANAHER CORP	$246.82	1,615,250	-39.80%	243.04	243.52	248.80	240.77	236.85	52.19	60.28	66.14	66.91	74.33	-0.49	-1.44	0.95	0.85
CSTL	CASTLE BIOSCIENCES INC	$21.53	207,166	84.58%	19.72	20.29	21.08	21.28	19.16	58.14	62.91	49.85	77.53	66.34	-0.22	-0.38	0.17	1.13
SHC	SOTERA HEALTH CO	$11.38	933,579	26.56%	11.13	11.26	12.97	14.27	14.77	42.65	69.37	65.46	98.05	96.03	-0.40	-0.56	0.16	1.24
TWST	TWIST BIOSCIENCE CORP	$32.03	745,700	16.80%	29.98	31.09	34.53	34.52	27.66	50.51	67.85	60.67	97.70	94.40	-0.93	-1.31	0.39	1.73
MTD	METTLER TOLEDO INTERNATIONAL INC	$1,255.24	111,632	17.57%	1,220.98	1,260.47	1,272.60	1,228.07	1,183.33	49.36	52.07	49.09	60.18	51.66	-15.80	-15.18	-0.62	1.01
WAT	WATERS CORP	$315.09	313,991	16.17%	306.58	320.91	334.20	324.82	297.49	44.69	40.49	38.22	66.42	58.73	-8.21	-8.13	-0.08	0.92
SERA	SERA PROGNOSTICS INC	$11.15	115,865	96.02%	0.76	0.83	0.92	0.88	0.97	44.08	33.54	26.86	75.61	61.52	-0.06	-0.06	-0.00	0.76
IQV	IQVIA HOLDINGS INC	$235.48	740,092	16.37%	232.68	236.25	244.92	232.57	220.39	46.18	51.90	57.04	67.85	77.54	-2.76	-3.20	0.44	1.19
NTRA	NATERA INC	$94.04	1,491,779	162.47%	90.13	92.30	88.21	75.96	62.49	58.73	61.93	56.68	53.82	47.48	0.73	1.00	-0.27	1.38
XGN	EXAGEN INC	$1.41	10,122	188.29%	1.40	1.45	1.67	1.80	1.98	39.81	45.86	41.49	98.44	79.19	-0.07	-0.09	0.01	1.34
PRPO	PRECIPIO INC	$5.90	2,763	-70.32%	6.28	6.39	6.34	6.35	6.65	39.94	28.61	24.30	26.46	20.28	-0.09	-0.01	-0.08	0.73
PSNL	PERSONALIS INC	$1.36	149,774	204.99%	1.28	1.32	1.44	1.51	1.50	50.44	42.82	39.75	70.56	68.28	-0.05	-0.05	0.01	1.59
EXAS	EXACT SCIENCES CORP	$58.78	2,209,517	9.44%	61.71	66.65	63.23	65.01	69.91	35.94	2.57	8.74	0.22	6.82	-1.55	-0.31	-1.24	1.31
OLK	OLINK HOLDING AB (PUBL)	$23.35	553,480	603.30%	22.50	22.85	23.16	24.15	21.69	56.23	76.56	60.18	95.65	89.44	-0.21	-0.30	0.09	1.51
FLGT	FULGENT GENETICS INC	$20.58	160,517	105.84%	20.39	20.79	22.11	24.61	27.45	42.69	21.39	23.71	52.64	49.63	-0.53	-0.59	0.06	1.26
DRIO	DARIOHEALTH CORP	$1.48	98,778	35.19%	1.34	1.34	1.59	1.75	2.18	53.51	88.95	90.41	93.91	95.68	-0.03	-0.07	0.05	1.16
ACRS	ACLARIS THERAPEUTICS INC	$1.22	653,988	46.89%	1.21	1.21	1.22	1.17	3.72	51.41	39.58	33.66	52.54	37.38	-0.00	-0.00	-0.00	1.03
DMTK	DERMTECH INC	$0.60	119,429	38.46%	0.61	0.63	0.79	1.10	1.53	38.45	13.03	18.18	67.15	69.84	-0.05	-0.06	0.01	1.23
GH	GUARDANT HEALTH INC	$18.19	1,349,542	93.36%	17.10	17.91	18.69	21.78	26.28	51.02	45.82	43.42	77.86	76.44	-0.41	-0.52	0.12	1.34
STIM	NEURONETICS INC	$3.54	34,809	-21.91%	3.75	4.01	3.90	3.41	2.46	36.28	11.72	10.30	3.11	5.63	-0.14	-0.05	-0.09	1.29
NEO	NEOGENOMICS INC	$15.22	2,380,091	194.54%	13.96	14.30	15.03	15.85	15.40	58.61	42.71	34.27	75.53	66.66	-0.22	-0.34	0.11	1.42
BNR	BURNING ROCK BIOTECH LTD	$0.84	21,443	-29.30%	0.82	0.78	0.77	0.82	1.03	56.53	79.97	79.29	81.42	81.78	0.02	0.01	0.01	1.00
OCX	ONCOCYTE CORP	$2.53	32,904	87.82%	2.53	2.70	2.88	2.98	3.19	37.59	19.38	16.26	38.79	31.83	-0.13	-0.12	-0.02	1.21
BGLC	BIONEXUS GENE LAB CORP	$0.60	69,664	102.07%	0.63	0.63	0.70	0.65	0.88	45.61	3.73	3.15	6.01	5.17	-0.03	-0.02	-0.00	6.93
RDNT	RADNET INC	$49.00	324,817	12.19%	48.12	48.31	45.84	41.19	35.87	59.57	70.15	68.91	59.08	58.94	0.69	0.83	-0.13	1.34
APDN	APPLIED DNA SCIENCES INC	$3.85	36,009	-57.15%	5.76	6.84	9.09	11.04	17.44	17.94	10.10	11.40	9.01	8.39	-1.27	-1.04	-0.23	0.20
LAB	STANDARD BIOTOOLS INC	$2.48	3,410,072	-6.30%	2.52	2.65	2.60	2.42	2.42	42.62	31.04	20.93	15.47	8.31	-0.05	-0.02	-0.04	1.30
PRE	PRENETICS GLOBAL LTD	$4.45	76,334	10.62%	3.95	3.84	4.40	4.61	6.09	54.98	36.62	43.36	85.73	93.27	0.06	-0.12	0.18	0.61
XWEL	XWELL INC	$1.76	6,444	-19.66%	1.55	1.52	1.78	1.73	2.49	59.86	78.92	79.16	96.93	98.98	-0.01	-0.07	0.06	1.18
CDNA	CAREDX INC	$8.20	728,860	47.85%	8.02	8.71	9.56	9.90	9.08	42.26	14.65	8.82	40.12	27.83	-0.55	-0.50	-0.05	1.52
MDXH	MDXHEALTH SA	$2.50	24,789	-8.08%	2.39	2.48	2.85	3.29	3.18	46.87	65.53	57.82	96.02	96.19	-0.10	-0.15	0.04	0.41
BDSX	BIODESIX INC	$1.22	36,991	165.53%	1.25	1.30	1.41	1.62	1.54	35.86	37.55	34.33	53.35	60.14	-0.06	-0.06	0.00	1.10
NDRA	ENDRA LIFE SCIENCES INC	$0.27	174,535	1,476.36%	0.25	0.30	0.74	1.06	1.08	26.69	18.86	17.98	93.51	93.51	-0.14	-0.17	0.02	0.92
ME	23ANDME HOLDING CO	$0.52	4,789,150	82.86%	0.46	0.47	0.51	0.65	0.89	54.74	48.20	45.39	85.84	83.32	-0.01	-0.02	0.01	1.68
CHEK	CHECK-CAP LTD	$2.22	9,094	-59.97%	2.25	2.37	2.24	2.24	2.79	46.08	24.69	23.19	31.03	27.88	-0.02	0.01	-0.02	0.56
ULS	UL SOLUTIONS INC	$34.92	547,466	19.18%	2.03	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.28
PRPH	PROPHASE LABS INC	$4.61	22,056	-63.22%	5.37	5.93	5.49	5.18	5.16	36.81	2.15	4.27	1.53	4.08	-0.27	-0.05	-0.22	0.29
OPK	OPKO HEALTH INC	$1.24	4,173,551	114.55%	1.23	1.28	1.10	1.16	1.38	55.22	25.00	19.67	12.46	8.20	0.03	0.05	-0.01	1.21
NOTV	INOTIV INC	$3.74	615,202	87.45%	4.61	5.97	7.34	5.53	4.51	26.21	2.38	6.30	12.86	22.53	-1.09	-0.86	-0.23	1.12
AWH	ASPIRA WOMEN's HEALTH INC	$3.33	6,969	-58.78%	3.42	3.21	3.59	3.88	4.00	47.15	61.70	70.34	41.99	60.11	-0.04	-0.07	0.03	0.94
VNRX	VOLITIONRX LTD	$0.86	93,069	-55.46%	0.74	0.73	0.84	0.87	0.94	57.20	70.59	74.79	95.08	95.06	0.00	-0.03	0.04	0.99
MYGN	MYRIAD GENETICS INC	$19.80	1,309,553	152.47%	18.63	19.39	21.05	20.77	19.13	50.62	25.35	14.66	39.61	19.84	-0.71	-0.75	0.05	1.37
GENE	GENETIC TECHNOLOGIES LTD	$2.31	16,304	-18.97%	2.48	2.72	2.57	6.32	41.34	38.04	9.19	9.10	7.20	3.88	-0.16	-0.09	-0.07	0.69
ISPC	ISPECIMEN INC	$0.30	302,607	65.15%	0.29	0.25	0.33	0.41	0.62	51.71	21.65	21.40	50.18	50.28	-0.00	-0.02	0.01	0.74
BIAF	BIOAFFINITY TECHNOLOGIES INC	$2.53	68,616	-27.65%	2.67	2.58	2.20	1.87	1.71	52.41	15.84	17.52	7.64	2.55	0.10	0.16	-0.05	0.92
PMD	PSYCHEMEDICS CORP	$2.57	2,190	237.96%	2.58	2.69	2.89	3.03	3.32	37.76	11.11	16.41	61.30	61.31	-0.10	-0.10	-0.00	0.47
ILMN	ILLUMINA INC	$124.73	900,186	9.95%	120.57	124.48	131.26	133.54	138.29	47.70	35.95	34.85	71.85	65.18	-2.89	-3.31	0.42	1.10
MYNZ	MAINZ BIOMED NV	$0.87	345,201	12.60%	0.89	0.97	0.98	1.03	1.96	40.15	18.18	15.17	14.22	10.49	-0.05	-0.03	-0.01	0.69
TRIB	TRINITY BIOTECH PLC	$1.78	10,525	148.52%	1.83	1.88	2.08	2.25	2.77	34.13	8.60	11.47	60.69	71.63	-0.08	-0.09	0.01	0.35
MMA	ALTA GLOBAL GROUP LTD	$3.16	4,680	129.19%	4.70	4.80	N/A	N/A	N/A	49.95	49.93	50.31	N/A	N/A	N/A	N/A	N/A	0.05
CNTG	CENTOGENE NV	$0.46	43,857	531.85%	0.47	0.55	0.66	0.91	1.02	31.89	16.85	16.42	49.60	40.14	-0.07	-0.07	0.00	0.41
TTOO	T2 BIOSYSTEMS INC	$2.94	93,081	-32.38%	2.91	2.94	3.81	4.28	11.91	43.43	30.00	23.33	56.76	48.13	-0.22	-0.27	0.05	1.09

Diagnostic & Research Stocks FAQ

What are the best diagnostic & research stocks to buy right now in Apr 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 55.61% 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 13.23% from Icon's current stock price of $304.14.

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 1.64% 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 33.57% over the past year, overperforming other diagnostic & research stocks by 35 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 3.03%, which is 2 percentage points higher than the diagnostic & research industry average of 1.35%.

Qiagen Nv's dividend payout ratio of 85.3% 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 2.06%, 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 1.41%, 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 60% indicates that its dividend yield is sustainable for the long-term.

Why are diagnostic & research stocks up?

Diagnostic & research stocks were up 1.22% in the last day, and up 4.07% over the last week. Quest Diagnostics was the among the top gainers in the diagnostics & research industry, gaining 3.9% yesterday.

Quest Diagnostics shares are trading higher. The FDA reportedly finalized its rules that aim to bring lab-developed tests in line with how it oversees other diagnostics.

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 50 points higher than the diagnostic & research industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Star Equity Holdings's stock has gained 33.57% in the past year. It has overperformed other stocks in the diagnostic & research industry by 35 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 50 points higher than the diagnostic & research industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Enzo Biochem's stock has dropped -57.09% 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 50 points higher than the diagnostic & research industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Icon's stock has gained 55.61% 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?

47.92% of diagnostic & research stocks rated by analysts are a strong buy right now. On average, analysts expect diagnostic & research stocks to rise by 9.47% 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 38.74x.

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.