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	$314.72	224,336	-9.32%	314.93	309.26	316.67	299.49	277.94	52.90	80.89	81.78	76.99	83.03	1.70	0.25	1.45	0.97
STRR	STAR EQUITY HOLDINGS INC	$0.88	20,652	24.68%	0.90	0.90	0.90	0.94	0.97	43.33	31.48	38.52	0.00	11.43	-0.00	-0.00	-0.00	0.54
FONR	FONAR CORP	$15.24	32,883	15.61%	16.66	16.43	18.67	19.64	18.01	32.86	14.94	25.75	40.35	50.59	-0.64	-0.66	0.02	0.61
TMO	THERMO FISHER SCIENTIFIC INC	$595.30	1,394,082	9.27%	586.80	578.90	577.00	564.35	532.57	63.09	86.79	89.21	88.99	93.54	7.02	4.26	2.76	0.83
IDXX	IDEXX LABORATORIES INC	$543.45	445,160	-14.90%	511.53	499.70	512.42	531.24	500.86	65.25	94.74	94.22	93.43	94.92	7.38	-1.02	8.40	1.04
CRL	CHARLES RIVER LABORATORIES INTERNATIONAL INC	$221.61	927,568	-28.73%	230.52	231.57	246.28	238.44	218.20	35.05	29.35	41.03	28.43	52.36	-4.53	-4.48	-0.06	1.16
ENZ	ENZO BIOCHEM INC	$1.09	31,340	-70.34%	1.08	1.07	1.16	1.25	1.32	46.51	75.41	75.35	93.98	93.65	-0.02	-0.03	0.01	0.46
DGX	QUEST DIAGNOSTICS INC	$144.34	1,422,739	44.18%	139.28	137.79	132.89	131.72	131.15	68.66	90.85	80.89	86.26	71.10	2.76	2.25	0.51	0.61
MEDP	MEDPACE HOLDINGS INC	$393.30	118,631	-23.05%	396.01	394.84	396.46	364.72	314.66	49.51	57.96	60.65	51.61	59.66	0.88	0.80	0.08	1.23
SHC	SOTERA HEALTH CO	$11.29	467,492	-3.19%	11.32	11.27	11.76	13.71	14.24	46.44	68.13	70.54	93.53	97.72	-0.12	-0.20	0.08	1.24
NEOG	NEOGEN CORP	$13.54	2,408,365	19.94%	12.75	12.48	13.59	15.50	17.08	59.11	89.15	89.09	100.00	100.00	-0.04	-0.30	0.26	1.01
LAB	STANDARD BIOTOOLS INC	$2.57	2,935,424	-9.11%	2.45	2.47	2.60	2.46	2.43	53.41	78.33	77.04	94.95	96.31	-0.02	-0.04	0.02	1.30
A	AGILENT TECHNOLOGIES INC	$154.23	1,830,471	38.16%	148.12	142.91	143.58	138.89	128.41	70.17	96.31	93.10	99.72	97.37	3.44	1.70	1.75	0.97
QGEN	QIAGEN NV	$45.69	1,274,899	18.16%	44.28	43.16	42.66	43.58	42.98	72.42	97.28	98.60	93.55	97.85	0.99	0.59	0.40	0.42
DHR	DANAHER CORP	$265.80	3,167,015	-7.86%	255.55	251.15	248.81	244.77	236.95	73.82	98.15	94.87	100.00	96.00	4.44	2.38	2.07	0.85
FLGT	FULGENT GENETICS INC	$22.11	93,330	-29.72%	21.93	21.29	21.46	23.75	26.21	58.01	82.10	83.39	87.64	95.31	0.28	0.09	0.19	1.26
SERA	SERA PROGNOSTICS INC	$8.26	141,804	4.35%	0.78	0.77	0.90	0.87	0.93	48.23	63.29	63.34	84.53	89.54	-0.02	-0.03	0.01	0.75
CSTL	CASTLE BIOSCIENCES INC	$24.24	246,347	-13.71%	24.14	22.63	21.29	21.75	19.67	63.62	70.81	72.77	61.94	67.90	0.97	0.85	0.12	1.13
EXAS	EXACT SCIENCES CORP	$50.38	2,449,996	-0.74%	55.72	58.24	62.67	63.62	67.19	28.89	3.28	9.59	5.54	12.98	-3.23	-2.42	-0.81	1.31
NTRA	NATERA INC	$106.46	938,873	-10.71%	102.20	97.39	93.92	81.74	66.19	68.31	93.20	90.78	88.07	89.08	4.20	3.05	1.16	1.38
PRE	PRENETICS GLOBAL LTD	$5.80	1,946	-91.36%	5.76	5.26	4.57	4.77	5.64	60.43	82.82	82.41	49.12	64.69	0.46	0.41	0.05	0.60
RVTY	REVVITY INC	$110.23	1,061,545	-13.56%	105.60	103.92	104.28	105.62	104.45	67.72	90.69	86.88	100.00	100.00	1.22	0.35	0.87	0.87
CHEK	CHECK-CAP LTD	$2.19	14,008	3.22%	2.20	2.22	2.26	2.20	2.72	45.89	62.56	60.78	47.50	29.17	-0.03	-0.03	-0.00	0.54
OLK	OLINK HOLDING AB (PUBL)	$23.95	140,521	-55.03%	23.57	23.17	23.35	23.80	22.02	63.58	85.56	86.20	95.10	97.55	0.22	0.09	0.13	1.51
LH	LABCORP HOLDINGS INC	$210.59	730,352	10.10%	207.65	205.03	208.26	215.53	212.30	57.66	86.01	91.21	90.48	96.73	1.14	-0.39	1.53	0.91
WAT	WATERS CORP	$355.95	387,331	-0.34%	344.38	328.15	333.88	328.47	301.33	65.66	86.97	90.95	92.56	96.46	9.04	3.88	5.16	0.92
PRPO	PRECIPIO INC	$6.29	14,773	156.12%	6.07	6.01	6.22	6.28	6.60	53.50	72.06	80.52	75.69	83.30	-0.01	-0.07	0.06	0.74
DRIO	DARIOHEALTH CORP	$1.90	153,149	-59.63%	1.72	1.59	1.49	1.74	2.03	69.10	96.63	93.41	100.00	97.67	0.11	0.06	0.04	1.17
NEO	NEOGENOMICS INC	$14.80	639,980	0.01%	15.34	14.81	14.82	15.29	15.26	48.67	56.07	64.15	37.05	54.38	0.17	0.15	0.01	1.43
TWST	TWIST BIOSCIENCE CORP	$47.01	649,296	-11.74%	45.22	38.75	35.37	35.99	28.89	69.31	84.09	88.39	75.86	81.54	3.98	2.95	1.03	1.75
IQV	IQVIA HOLDINGS INC	$231.18	715,158	-29.11%	230.74	231.64	239.97	233.59	220.73	47.44	72.85	65.63	91.53	88.70	-1.54	-2.47	0.93	1.18
MTD	METTLER TOLEDO INTERNATIONAL INC	$1,522.75	142,115	-1.74%	1,408.33	1,323.35	1,306.47	1,256.96	1,186.04	74.72	97.80	95.56	84.79	83.19	66.77	35.39	31.38	1.01
BNR	BURNING ROCK BIOTECH LTD	$8.30	6,593	12.91%	8.01	8.08	7.65	8.19	9.41	56.03	53.02	51.05	78.81	67.62	0.10	0.08	0.02	1.02
ACRS	ACLARIS THERAPEUTICS INC	$1.19	446,249	10.34%	1.22	1.23	1.22	1.20	3.10	45.50	16.48	15.63	6.96	5.57	-0.01	-0.00	-0.01	1.02
RDNT	RADNET INC	$57.45	303,106	-20.23%	54.96	52.14	49.26	43.66	37.29	73.04	93.14	96.38	87.17	93.78	2.57	1.98	0.59	1.35
CDNA	CAREDX INC	$15.50	883,324	36.78%	13.20	10.78	10.14	10.13	9.18	79.07	86.85	87.37	91.43	93.88	1.63	0.98	0.65	1.52
PSNL	PERSONALIS INC	$1.40	154,836	-10.03%	1.52	1.46	1.45	1.52	1.45	45.43	23.04	34.39	7.58	25.72	0.02	0.03	-0.01	1.58
STIM	NEURONETICS INC	$2.61	207,326	49.79%	2.64	3.13	3.81	3.51	2.52	34.28	9.09	6.04	20.43	11.72	-0.39	-0.34	-0.05	1.29
ME	23ANDME HOLDING CO	$0.59	2,165,031	-20.12%	0.54	0.51	0.49	0.60	0.80	61.08	72.10	78.68	74.31	83.46	0.03	0.01	0.01	1.67
GH	GUARDANT HEALTH INC	$25.36	2,430,880	-27.45%	22.45	20.20	19.01	20.96	25.12	73.59	89.33	91.96	92.71	97.57	1.87	1.04	0.84	1.34
XWEL	XWELL INC	$1.74	8,750	42.65%	1.82	1.76	1.71	1.71	2.22	49.92	31.67	40.36	12.16	15.59	0.05	0.05	-0.00	1.19
OCX	ONCOCYTE CORP	$2.93	31,516	-69.97%	2.88	2.71	2.82	2.95	3.09	57.61	89.39	94.35	89.36	96.32	0.06	0.01	0.05	1.20
MYGN	MYRIAD GENETICS INC	$25.29	598,427	-33.45%	23.93	21.43	21.06	21.17	19.16	71.25	85.70	86.68	76.15	81.82	1.41	0.88	0.53	1.37
DMTK	DERMTECH INC	$0.50	648,733	253.12%	0.60	0.61	0.64	0.98	1.35	28.22	5.77	22.82	0.69	30.11	-0.03	-0.03	-0.00	1.22
XGN	EXAGEN INC	$1.88	28,814	-62.52%	1.62	1.51	1.55	1.78	1.91	74.41	84.34	80.98	95.69	97.99	0.08	0.02	0.07	1.34
PRPH	PROPHASE LABS INC	$5.03	53,904	-30.44%	5.14	5.07	5.59	5.25	5.02	45.32	54.99	57.45	75.86	78.88	-0.15	-0.16	0.02	0.29
AWH	ASPIRA WOMEN's HEALTH INC	$2.66	48,795	43.74%	2.90	3.11	3.25	3.88	4.00	28.27	8.30	15.66	2.83	4.77	-0.17	-0.13	-0.05	0.94
NDRA	ENDRA LIFE SCIENCES INC	$0.31	457,695	429.32%	0.30	0.29	0.51	0.87	1.01	40.78	31.01	34.21	77.82	74.77	-0.05	-0.07	0.02	0.92
VNRX	VOLITIONRX LTD	$0.77	75,235	47.74%	0.79	0.82	0.79	0.89	0.90	47.81	29.17	28.46	32.14	32.56	0.00	0.00	-0.00	0.98
MDXH	MDXHEALTH SA	$2.88	35,978	25.23%	2.92	2.76	2.65	3.23	3.13	55.30	53.16	54.05	31.05	33.75	0.07	0.06	0.01	0.42
GENE	GENETIC TECHNOLOGIES LTD	$2.28	24,920	-32.47%	2.35	2.32	2.60	2.39	35.37	41.65	49.22	67.53	63.28	81.30	-0.09	-0.11	0.02	0.66
NOTV	INOTIV INC	$1.93	755,561	-24.25%	3.47	3.85	6.43	5.59	4.31	25.99	11.55	15.09	5.42	13.82	-1.03	-0.89	-0.13	1.12
BIAF	BIOAFFINITY TECHNOLOGIES INC	$2.26	132,210	-67.46%	2.06	2.26	2.27	1.96	1.73	50.73	46.14	28.29	58.32	32.33	-0.07	-0.07	-0.00	0.83
MYNZ	MAINZ BIOMED NV	$0.68	83,469	-68.99%	0.68	0.76	0.92	0.97	1.70	36.94	17.49	12.02	30.29	16.07	-0.08	-0.08	-0.00	0.68
ILMN	ILLUMINA INC	$111.07	1,035,561	3.88%	113.32	117.92	125.12	132.15	133.24	36.25	25.70	29.91	48.11	53.68	-3.71	-3.67	-0.05	1.09
OPK	OPKO HEALTH INC	$1.32	2,789,850	28.63%	1.29	1.27	1.18	1.12	1.34	57.87	82.54	79.95	59.62	58.27	0.03	0.03	-0.00	1.20
PMD	PSYCHEMEDICS CORP	$2.58	2,949	-70.31%	2.57	2.58	2.75	2.98	3.15	45.36	21.74	28.02	54.94	65.02	-0.05	-0.06	0.01	0.46
APDN	APPLIED DNA SCIENCES INC	$2.51	63,539	-19.55%	3.27	3.95	6.66	9.40	15.52	17.74	10.19	17.16	24.90	42.38	-1.17	-1.21	0.04	0.18
TRIB	TRINITY BIOTECH PLC	$1.58	3,798	-89.68%	1.62	1.71	1.90	2.14	2.55	36.07	11.86	8.73	31.65	18.82	-0.10	-0.09	-0.01	0.35
BDSX	BIODESIX INC	$1.58	50,929	-39.10%	1.54	1.41	1.39	1.60	1.56	66.05	81.36	76.09	79.39	75.11	0.06	0.04	0.02	1.12
MMA	ALTA GLOBAL GROUP LTD	$4.54	21,994	-71.83%	3.99	3.58	N/A	N/A	N/A	65.25	79.36	85.90	77.23	88.33	N/A	N/A	N/A	1.27
ISPC	ISPECIMEN INC	$0.24	408,134	-35.90%	0.25	0.27	0.28	0.38	0.54	45.39	25.24	17.96	48.31	32.71	-0.01	-0.01	-0.00	0.76
TTOO	T2 BIOSYSTEMS INC	$5.64	179,842	-72.66%	4.26	3.67	3.46	4.27	11.34	70.50	78.46	78.88	89.14	91.34	0.53	0.23	0.30	1.09
CNTG	CENTOGENE NV	$0.37	499,496	-80.66%	0.40	0.43	0.56	0.80	0.96	30.75	14.44	19.97	46.61	64.12	-0.05	-0.06	0.00	0.41

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.

Diagnostic & Research Stocks FAQ

1. Icon (NASDAQ:ICLR)

2. Star Equity Holdings (NASDAQ:STRR)

3. Fonar (NASDAQ:FONR)

1. Qiagen Nv (NYSE:QGEN)

2. Quest Diagnostics (NYSE:DGX)

3. Labcorp Holdings (NYSE:LH)

1. Star Equity Holdings (NASDAQ:STRR)

2. Enzo Biochem (NYSE:ENZ)

3. Fonar (NASDAQ:FONR)

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