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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
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
ICLR
ICON PLC
$314.72-0.35%-0.21%7.77%11.02%16.58%49.40%39.42%128.94%667.61%$344.77$201.358.72%56.30%0.97224,336-9.32%
STRR
STAR EQUITY HOLDINGS INC
$0.88-1.12%-2.65%0.00%-9.28%-11.02%10.00%-66.15%-86.35%-97.45%$1.59$0.7544.65%17.33%0.5420,65224.68%
FONR
FONAR CORP
$15.24-2.99%-9.72%-7.75%-33.83%-9.01%-9.98%-19.41%-27.70%17.05%$24.05$12.1336.63%25.64%0.6132,88315.61%
TMO
THERMO FISHER SCIENTIFIC INC
$595.30-0.31%0.38%8.78%8.60%27.63%14.11%31.44%127.45%399.04%$603.82$415.601.41%43.24%0.831,394,0829.27%
IDXX
IDEXX LABORATORIES INC
$543.450.46%6.60%13.64%-1.41%17.20%11.56%3.79%117.76%751.07%$583.39$372.506.85%45.89%1.04445,160-14.90%
CRL
CHARLES RIVER LABORATORIES INTERNATIONAL INC
$221.61-1.40%-2.85%-3.69%-7.25%17.23%12.62%-31.33%71.68%310.24%$275.00$161.6519.41%37.09%1.16927,568-28.73%
ENZ
ENZO BIOCHEM INC
$1.09-1.80%4.81%-5.22%-18.05%-16.15%-52.81%-63.91%-70.05%-70.22%$2.50$0.9956.40%10.10%0.4631,340-70.34%
DGX
QUEST DIAGNOSTICS INC
$144.341.34%4.28%13.67%16.59%7.01%9.22%9.34%48.45%151.46%$145.58$119.590.85%20.70%0.611,422,73944.18%
MEDP
MEDPACE HOLDINGS INC
$393.300.01%0.80%2.84%2.38%43.53%88.00%142.28%615.22%N/A$421.00$197.396.58%99.25%1.23118,631-23.05%
SHC
SOTERA HEALTH CO
$11.29-1.05%2.26%5.02%-30.52%-17.32%-26.35%-48.68%N/AN/A$19.40$10.7141.80%5.42%1.24467,492-3.19%
NEOG
NEOGEN CORP
$13.540.97%9.81%11.53%-21.51%-16.16%-20.07%-70.34%-54.05%-2.91%$24.10$11.4643.81%18.15%1.012,408,36519.94%
LAB
STANDARD BIOTOOLS INC
$2.572.80%7.08%-1.53%2.80%14.73%31.79%-51.87%-78.07%-91.04%$3.16$1.5718.67%63.69%1.302,935,424-9.11%
A
AGILENT TECHNOLOGIES INC
$154.23-0.05%2.98%14.63%14.98%36.31%20.71%18.54%123.17%180.57%$155.35$96.800.72%59.33%0.971,830,47138.16%
QGEN
QIAGEN NV
$45.69-0.65%4.77%16.47%6.75%12.63%-1.40%-5.10%19.56%88.09%$49.18$35.817.09%27.58%0.421,274,89918.16%
DHR
DANAHER CORP
$265.800.36%4.90%11.03%7.28%27.92%18.00%5.93%102.75%250.57%$269.61$182.091.41%45.97%0.853,167,015-7.86%
FLGT
FULGENT GENETICS INC
$22.11-1.73%1.66%10.05%-10.92%-18.29%-38.05%-68.90%314.82%N/A$44.09$19.8849.85%11.22%1.2693,330-29.72%
SERA
SERA PROGNOSTICS INC
$8.26-1.43%-10.80%-14.67%-11.09%372.00%143.66%N/AN/AN/A$12.36$1.5233.14%443.42%0.75141,8044.35%
CSTL
CASTLE BIOSCIENCES INC
$24.240.08%0.00%28.66%-3.39%23.42%5.90%-56.59%N/AN/A$26.70$9.269.21%161.77%1.13246,347-13.71%
EXAS
EXACT SCIENCES CORP
$50.38-3.02%-5.85%-20.31%-19.70%-24.01%-35.93%-46.78%-47.62%293.29%$100.77$50.3550.00%0.06%1.312,449,996-0.74%
NTRA
NATERA INC
$106.46-1.88%1.11%17.86%51.20%98.92%114.46%15.96%367.13%N/A$108.75$36.902.11%188.51%1.38938,873-10.71%
PRE
PRENETICS GLOBAL LTD
$5.80-0.79%-1.96%84.25%13.03%25.36%-56.52%-96.10%N/AN/A$15.00$2.8561.31%103.65%0.601,946-91.36%
RVTY
REVVITY INC
$110.231.63%5.18%9.63%8.09%25.30%-4.38%-23.04%28.26%152.76%$131.96$79.5016.47%38.65%0.871,061,545-13.56%
CHEK
CHECK-CAP LTD
$2.19-2.37%-0.23%0.23%3.07%-37.93%45.67%-92.03%-95.91%N/A$4.63$1.4152.76%54.96%0.5414,0083.22%
OLK
OLINK HOLDING AB (PUBL)
$23.950.00%2.70%7.45%5.32%-7.35%11.97%-14.53%N/AN/A$26.01$14.107.92%69.86%1.51140,521-55.03%
LH
LABCORP HOLDINGS INC
$210.59-1.19%1.41%5.31%-2.36%-0.53%-2.99%-21.22%28.09%110.84%$243.30$195.0113.44%7.99%0.91730,35210.10%
WAT
WATERS CORP
$355.95-1.26%1.38%17.02%9.88%35.92%34.87%15.22%70.97%248.77%$367.21$231.903.07%53.49%0.92387,331-0.34%
PRPO
PRECIPIO INC
$6.291.29%4.23%-6.19%1.45%-11.47%-48.44%-92.00%-95.08%-99.98%$14.80$4.7557.50%32.37%0.7414,773156.12%
DRIO
DARIOHEALTH CORP
$1.901.06%21.02%57.02%-22.13%59.66%-48.92%-87.02%-87.46%-99.92%$4.58$0.6858.52%179.41%1.17153,149-59.63%
NEO
NEOGENOMICS INC
$14.80-1.27%-6.15%8.19%0.68%-23.75%-19.13%-60.67%-35.62%307.71%$21.22$11.0330.25%34.18%1.43639,9800.01%
TWST
TWIST BIOSCIENCE CORP
$47.011.10%10.95%64.54%18.98%95.79%262.17%-49.83%83.56%N/A$50.50$12.626.91%272.50%1.75649,296-11.74%
IQV
IQVIA HOLDINGS INC
$231.18-1.63%-1.24%1.73%-1.52%12.89%19.75%-0.13%72.95%364.12%$261.73$167.4211.67%38.08%1.18715,158-29.11%
MTD
METTLER TOLEDO INTERNATIONAL INC
$1,522.75-0.51%0.83%27.10%28.57%45.16%11.22%20.95%109.62%524.36%$1.54k$928.500.85%64.00%1.01142,115-1.74%
BNR
BURNING ROCK BIOTECH LTD
$8.303.36%4.67%3.75%-0.57%-7.78%-70.25%-97.53%N/AN/A$29.20$5.7271.58%45.05%1.026,59312.91%
ACRS
ACLARIS THERAPEUTICS INC
$1.190.85%1.71%-3.25%-1.65%24.74%-85.68%-94.50%-78.90%N/A$11.12$0.5989.30%101.69%1.02446,24910.34%
RDNT
RADNET INC
$57.45-0.23%3.98%20.19%52.35%79.03%106.43%145.62%337.55%814.81%$58.59$25.111.95%128.79%1.35303,106-20.23%
CDNA
CAREDX INC
$15.504.87%4.52%87.20%88.34%62.64%99.49%-77.20%-52.67%N/A$16.15$4.804.02%222.92%1.52883,32436.78%
PSNL
PERSONALIS INC
$1.400.36%-10.83%16.67%11.11%27.27%-32.37%-92.97%N/AN/A$2.60$0.8946.15%57.13%1.58154,836-10.03%
STIM
NEURONETICS INC
$2.613.57%3.98%-34.09%-13.86%93.33%-5.43%-80.05%-81.88%N/A$5.07$1.0348.52%153.40%1.29207,32649.79%
ME
23ANDME HOLDING CO
$0.59-1.68%18.11%64.89%-18.02%-30.94%-70.35%-94.11%N/AN/A$2.20$0.3573.32%67.71%1.672,165,031-20.12%
GH
GUARDANT HEALTH INC
$25.36-3.35%13.37%54.73%11.08%8.93%-12.70%-77.49%-66.71%N/A$41.06$15.8138.24%60.40%1.342,430,880-27.45%
XWEL
XWELL INC
$1.74-3.60%-4.40%25.18%-13.35%-20.18%-64.56%-92.81%-98.84%-100.00%$6.40$1.2672.81%38.10%1.198,75042.65%
OCX
ONCOCYTE CORP
$2.93-4.56%1.38%13.13%-4.56%-28.36%-44.90%-96.39%-97.31%N/A$5.10$2.0842.53%40.87%1.2031,516-69.97%
MYGN
MYRIAD GENETICS INC
$25.292.76%-0.71%35.68%7.62%41.52%34.81%-6.44%-2.73%-32.70%$25.95$13.822.54%83.00%1.37598,427-33.45%
DMTK
DERMTECH INC
$0.50-12.61%-20.16%-15.71%-60.08%-66.73%-80.51%-98.58%-97.58%N/A$3.90$0.4987.20%2.25%1.22648,733253.12%
XGN
EXAGEN INC
$1.88-0.53%19.75%34.29%-10.90%19.59%-41.98%-85.02%N/AN/A$3.47$1.3045.84%44.62%1.3428,814-62.52%
PRPH
PROPHASE LABS INC
$5.03-1.57%-0.40%-19.78%1.62%13.80%-43.26%-13.43%65.90%163.35%$9.94$4.0549.40%24.20%0.2953,904-30.44%
AWH
ASPIRA WOMEN's HEALTH INC
$2.660.76%-10.44%-23.78%-46.37%-18.15%-33.83%-96.50%-85.58%-93.89%$6.75$2.3160.59%15.20%0.9448,79543.74%
NDRA
ENDRA LIFE SCIENCES INC
$0.318.87%2.68%32.90%-72.59%-68.80%-77.43%-99.22%-98.65%N/A$2.79$0.2289.00%38.91%0.92457,695429.32%
VNRX
VOLITIONRX LTD
$0.77-3.75%-7.12%29.63%-26.67%2.94%-50.96%-77.94%-77.25%-61.50%$1.79$0.5556.98%40.00%0.9875,23547.74%
MDXH
MDXHEALTH SA
$2.880.70%3.97%25.22%-17.36%-6.19%-26.90%N/AN/AN/A$4.64$2.1537.93%33.95%0.4235,97825.23%
GENE
GENETIC TECHNOLOGIES LTD
$2.28-0.44%-0.44%-27.85%16.33%-96.90%-97.58%-99.38%-99.49%-99.90%$118.00$1.8098.07%26.67%0.6624,920-32.47%
NOTV
INOTIV INC
$1.93-9.81%-48.67%-64.39%-69.70%-1.03%-69.61%-90.81%0.26%-27.17%$11.42$1.6183.10%19.88%1.12755,561-24.25%
BIAF
BIOAFFINITY TECHNOLOGIES INC
$2.26-7.76%13.00%-22.34%50.67%62.59%25.56%N/AN/AN/A$3.62$0.9637.57%136.65%0.83132,210-67.46%
MYNZ
MAINZ BIOMED NV
$0.685.92%3.03%-26.96%-32.67%-43.80%-87.24%N/AN/AN/A$6.00$0.6088.67%13.33%0.6883,469-68.99%
ILMN
ILLUMINA INC
$111.07-2.96%0.49%-6.10%-20.69%17.76%-43.76%-70.73%-63.89%-26.98%$213.91$89.0048.08%24.80%1.091,035,5613.88%
OPK
OPKO HEALTH INC
$1.321.54%3.13%5.60%28.16%-7.69%-19.51%-63.43%-35.61%-84.21%$2.24$0.8541.07%54.93%1.202,789,85028.63%
PMD
PSYCHEMEDICS CORP
$2.580.78%1.18%1.57%-17.04%21.47%-48.40%-61.36%-75.14%-82.26%$5.15$2.0649.90%25.24%0.462,949-70.31%
APDN
APPLIED DNA SCIENCES INC
$2.51-8.73%-27.25%-62.31%-81.57%-84.90%-89.09%-98.02%-99.44%-99.96%$37.20$2.5093.25%0.40%0.1863,539-19.55%
TRIB
TRINITY BIOTECH PLC
$1.580.64%-7.06%-14.13%-38.76%-17.36%-67.76%-90.22%-86.83%-98.70%$5.50$1.4971.27%6.04%0.353,798-89.68%
BDSX
BIODESIX INC
$1.580.96%-0.32%30.17%5.70%10.14%30.17%-87.03%N/AN/A$2.21$1.0328.73%52.91%1.1250,929-39.10%
MMA
ALTA GLOBAL GROUP LTD
$4.543.74%19.89%45.18%N/AN/AN/AN/AN/AN/A$5.25$2.8713.45%58.33%1.2721,994-71.83%
ISPC
ISPECIMEN INC
$0.24-3.98%0.42%13.15%-49.79%-57.35%-83.26%N/AN/AN/A$1.75$0.2086.23%20.50%0.76408,134-35.90%
TTOO
T2 BIOSYSTEMS INC
$5.640.00%52.64%91.84%2.17%44.62%-78.80%-99.90%-99.96%N/A$70.00$2.6091.94%116.92%1.09179,842-72.66%
CNTG
CENTOGENE NV
$0.37-2.63%-5.13%-22.92%-59.43%-69.17%-53.75%-96.27%N/AN/A$1.98$0.3581.31%6.94%0.41499,496-80.66%

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.