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Best Diagnostic & Research Stocks to Buy Now (2023)
Top diagnostic & research stocks in 2023 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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
SYNH
SYNEOS HEALTH INC
United States
$3.49B103,241,36534.49%65.51%Net SellingNet Selling
DXCM
DEXCOM INC
United States
$44.44B386,413,69095.48%4.44%Net BuyingNet Selling
MEDP
MEDPACE HOLDINGS INC
United States
$5.55B31,050,16026.03%73.97%Net Buying
CRL
CHARLES RIVER LABORATORIES INTERNATIONAL INC
United States
$10.01B50,985,52796.69%3.31%Net SellingNet Selling
TMO
THERMO FISHER SCIENTIFIC INC
United States
$213.65B385,430,07789.04%0.87%Net SellingNet Selling
QDEL
QUIDELORTHO CORP
United States
$5.72B66,505,54673.66%26.34%Net SellingNet Selling
BWAY
BRAINSWAY LTD
Israel
$31.24M33,593,33315.67%0.00%
A
AGILENT TECHNOLOGIES INC
United States
$39.54B295,701,85387.19%1.13%Net BuyingNet Buying
SENS
SENSEONICS HOLDINGS INC
United States
$364.63M479,780,41424.22%40.45%Net SellingNet Buying
DMTK
DERMTECH INC
United States
$98.09M30,367,22323.89%76.11%Net SellingNet Selling
PSNL
PERSONALIS INC
United States
$125.72M46,736,83059.49%19.96%Net BuyingNet Selling
FLGT
FULGENT GENETICS INC
United States
$894.12M29,518,81139.18%60.82%Net BuyingNet Selling
ICLR
ICON PLC
Ireland
$17.05B81,723,55591.17%0.00%
TWST
TWIST BIOSCIENCE CORP
United States
$899.50M56,858,20088.19%11.81%Net SellingNet Selling
LH
LABORATORY CORP OF AMERICA HOLDINGS
United States
$19.20B88,500,00089.27%1.32%Net SellingNet Selling
DRIO
DARIOHEALTH CORP
Israel
$111.77M25,871,88936.08%54.64%Net SellingNet Selling
QGEN
QIAGEN NV
Netherlands
$10.46B227,716,43359.61%0.00%
OLK
OLINK HOLDING AB (PUBL)
Sweden
$2.72B119,943,00329.16%0.00%
MXCT
MAXCYTE INC
United States
$425.00M102,904,74565.54%11.06%Net SellingNet Buying
LNTH
LANTHEUS HOLDINGS INC
United States
$5.43B67,540,06552.54%47.46%Net SellingNet Selling
PKI
PERKINELMER INC
United States
$15.81B126,411,98583.84%2.44%Net SellingNet Selling
SERA
SERA PROGNOSTICS INC
United States
$126.10M31,022,04022.70%16.66%Net Selling
BNGO
BIONANO GENOMICS INC
United States
$333.80M306,239,00026.99%8.78%Net Buying
DGX
QUEST DIAGNOSTICS INC
United States
$14.95B111,323,00388.32%1.71%Net BuyingNet Buying
CDNA
CAREDX INC
United States
$476.63M53,674,39281.43%18.57%Net SellingNet Selling
WAT
WATERS CORP
United States
$17.82B58,943,56789.66%8.15%Net BuyingNet Buying
BNR
BURNING ROCK BIOTECH LTD
China
$306.54M103,910,17021.15%0.00%
PRPO
PRECIPIO INC
United States
$14.49M22,820,2608.52%91.48%Net BuyingNet Buying
DHR
DANAHER CORP
United States
$179.46B728,576,88675.41%24.59%Net BuyingNet Selling
CSTL
CASTLE BIOSCIENCES INC
United States
$572.97M26,575,61682.55%17.45%Net SellingNet Selling
CODX
CO-DIAGNOSTICS INC
United States
$50.40M30,922,60719.01%25.76%Net SellingNet Buying
BIOC
BIOCEPT INC
United States
$5.12M17,058,7708.32%29.94%
ME
23ANDME HOLDING CO
United States
$1.00B457,249,14829.45%1.87%Net SellingNet Selling
AXDX
ACCELERATE DIAGNOSTICS INC
United States
$46.08M99,099,48022.04%77.96%Net SellingNet Selling
IQV
IQVIA HOLDINGS INC
United States
$35.29B185,722,62153.80%46.20%Net SellingNet Selling
CHEK
CHECK-CAP LTD
Israel
$7.57M5,824,1511.61%0.00%
NEOG
NEOGEN CORP
United States
$3.97B216,154,28398.54%1.46%Net BuyingNet Buying
MOTS
MOTUS GI HOLDINGS INC
United States
$3.98M4,655,5961.47%98.53%
RNLX
RENALYTIX PLC
United Kingdom
$72.65M74,891,8444.63%0.00%
STIM
NEURONETICS INC
United States
$82.82M28,363,42052.95%47.05%Net BuyingNet Selling
BMRA
BIOMERICA INC
United States
$25.07M13,479,41325.85%42.44%Net BuyingNet Buying
MTD
METTLER TOLEDO INTERNATIONAL INC
United States
$32.10B22,106,17593.43%4.38%Net SellingNet Selling
XGN
EXAGEN INC
United States
$37.61M16,825,69638.61%61.39%Net BuyingNet Selling
BVS
BIOVENTUS INC
United States
$104.17M77,738,59534.10%65.90%Net SellingNet Selling
NTRA
NATERA INC
United States
$6.31B113,285,67578.56%21.44%Net SellingNet Selling
HSKA
HESKA CORP
United States
$964.59M10,876,01851.39%48.61%Net BuyingNet Buying
IDXX
IDEXX LABORATORIES INC
United States
$39.38B82,903,37188.54%1.68%Net BuyingNet Selling
BDSX
BIODESIX INC
United States
$146.59M77,974,86120.59%66.81%Net BuyingNet Buying
SRDX
SURMODICS INC
United States
$243.94M14,125,00062.41%37.59%Net SellingNet Buying
CNTG
CENTOGENE NV
Germany
$20.04M27,081,55710.30%0.00%
AWH
ASPIRA WOMEN's HEALTH INC
United States
$62.22M124,445,6397.81%65.78%Net Buying
OPK
OPKO HEALTH INC
United States
$1.02B772,650,81219.49%80.51%Net BuyingNet Buying
PACB
PACIFIC BIOSCIENCES OF CALIFORNIA INC
United States
$2.20B247,079,37490.94%7.17%Net SellingNet Selling
CEMI
CHEMBIO DIAGNOSTICS INC
United States
$13.95M36,708,4747.93%9.93%
GENE
GENETIC TECHNOLOGIES LTD
Australia
$20.68M9,233,965,1430.00%0.00%
ANIX
ANIXA BIOSCIENCES INC
United States
$122.15M30,924,86811.76%87.01%Net Buying
NRC
NATIONAL RESEARCH CORP
United States
$1.07B24,594,39046.75%49.14%Net SellingNet Selling
NEO
NEOGENOMICS INC
United States
$2.31B127,457,98070.12%29.88%Net BuyingNet Buying
GTH
GENETRON HOLDINGS LTD
China
$90.86M463,590,3752.32%0.00%
RDNT
RADNET INC
United States
$1.35B57,836,24458.20%41.80%Net SellingNet Selling
ONVO
ORGANOVO HOLDINGS INC
United States
$17.69M8,714,5909.76%90.24%
GH
GUARDANT HEALTH INC
United States
$2.58B102,663,73459.78%40.22%Net BuyingNet Buying
NDRA
ENDRA LIFE SCIENCES INC
United States
$9.95M3,169,1035.46%38.75%Net Buying
ISPC
ISPECIMEN INC
United States
$11.27M9,016,5585.27%71.32%Net BuyingNet Buying
EXAS
EXACT SCIENCES CORP
United States
$11.44B178,217,14291.69%3.39%Net SellingNet Selling
MYGN
MYRIAD GENETICS INC
United States
$1.86B81,223,71392.16%7.84%Net SellingNet Selling
MYNZ
MAINZ BIOMED NV
Germany
$90.08M14,482,9740.14%0.00%
CELC
CELCUITY INC
United States
$154.75M15,459,73970.54%29.46%Net BuyingNet Selling
VRAX
VIRAX BIOLABS GROUP LTD
United Kingdom
$8.72M11,662,7891.59%0.00%
PMD
PSYCHEMEDICS CORP
United States
$28.51M5,644,69625.01%50.28%Net Buying
PRE
PRENETICS GLOBAL LTD
Hong Kong
$108.90M136,983,1104.40%0.00%
MDXH
MDXHEALTH SA
Belgium
$45.44M162,880,9361.82%44.11%Net BuyingNet Buying
PHG
KONINKLIJKE PHILIPS NV
Netherlands
$14.43B881,480,5279.02%0.00%
CDIO
CARDIO DIAGNOSTICS HOLDINGS INC
United States
$46.48M9,505,6482.41%55.31%
SLNO
SOLENO THERAPEUTICS INC
United States
$16.99M8,168,7882.39%97.61%Net Selling
OPGN
OPGEN INC
United States
$3.68M2,684,9259.48%90.52%
AKU
AKUMIN INC
Canada
$73.91M89,811,51315.66%15.29%Net Buying
LAB
STANDARD BIOTOOLS INC
United States
$172.36M79,063,92858.80%34.91%Net BuyingNet Selling
SQL
SEQLL INC
United States
$5.29M13,886,3790.72%18.53%Net Buying
HTGM
HTG MOLECULAR DIAGNOSTICS INC
United States
$2.52M920,8290.22%99.78%Net Buying
NOTV
INOTIV INC
United States
$118.16M25,631,23634.22%46.27%Net BuyingNet Buying
NVTA
INVITAE CORP
United States
$305.33M246,235,50173.09%4.83%Net SellingNet Selling
TTOO
T2 BIOSYSTEMS INC
United States
$3.97M7,319,1051.30%98.70%Net BuyingNet Selling
LMDX
LUMIRADX LTD
United Kingdom
$245.51M318,840,95210.28%0.00%
ILMN
ILLUMINA INC
United States
$34.31B158,000,00089.14%1.88%Net SellingNet Selling
ENZ
ENZO BIOCHEM INC
United States
$101.81M49,662,82137.80%48.02%Net BuyingNet Buying
BIAF
BIOAFFINITY TECHNOLOGIES INC
United States
$14.40M8,369,7501.00%16.36%Net Buying
SHC
SOTERA HEALTH CO
United States
$5.01B282,423,25157.30%42.70%Net SellingNet Selling
VNRX
VOLITIONRX LTD
United States
$104.11M63,096,7669.80%50.28%Net BuyingNet Buying
TRIB
TRINITY BIOTECH PLC
Ireland
$19.54M83,606,8107.86%0.00%
OABI
OMNIAB INC
United States
$369.85M111,064,92558.55%27.03%Net BuyingNet Selling

Diagnostic & Research Stocks FAQ

What are the best diagnostic & research stocks to buy right now in Mar 2023?

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

1. Syneos Health (NASDAQ:SYNH)


Syneos Health (NASDAQ:SYNH) is the top diagnostic & research stock with a Zen Score of 53, which is 23 points higher than the diagnostic & research industry average of 30. It passed 17 out of 33 due diligence checks and has strong fundamentals. Syneos Health has seen its stock lose -59.29% over the past year, underperforming other diagnostic & research stocks by -43 percentage points.

Syneos Health has an average 1 year price target of $48.75, an upside of 44.06% from Syneos Health's current stock price of $33.84.

Syneos Health stock has a consensus Hold recommendation according to Wall Street analysts. Of the 10 analysts covering Syneos Health, 10% have issued a Strong Buy rating, 10% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. Dexcom (NASDAQ:DXCM)


Dexcom (NASDAQ:DXCM) is the second best diagnostic & research stock with a Zen Score of 53, which is 23 points higher than the diagnostic & research industry average of 30. It passed 18 out of 33 due diligence checks and has strong fundamentals. Dexcom has seen its stock lose -1.01% over the past year, overperforming other diagnostic & research stocks by 16 percentage points.

Dexcom has an average 1 year price target of $175.57, an upside of 52.67% from Dexcom's current stock price of $115.00.

Dexcom stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Dexcom, 42.86% have issued a Strong Buy rating, 35.71% have issued a Buy, 21.43% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Medpace Holdings (NASDAQ:MEDP)


Medpace Holdings (NASDAQ:MEDP) is the third best diagnostic & research stock with a Zen Score of 50, which is 20 points higher than the diagnostic & research industry average of 30. It passed 17 out of 33 due diligence checks and has strong fundamentals. Medpace Holdings has seen its stock return 7.55% over the past year, overperforming other diagnostic & research stocks by 24 percentage points.

Medpace Holdings has an average 1 year price target of $233.00, an upside of 30.33% from Medpace Holdings's current stock price of $178.78.

Medpace Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Medpace Holdings, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the diagnostic & research stocks with highest dividends?

Out of 9 diagnostic & research stocks that have issued dividends in the past year, the 3 diagnostic & research stocks with the highest dividend yields are:

1. Koninklijke Philips Nv (NYSE:PHG)


Koninklijke Philips Nv (NYSE:PHG) has an annual dividend yield of 5.89%, which is 4 percentage points higher than the diagnostic & research industry average of 1.86%. Koninklijke Philips Nv's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Koninklijke Philips Nv's dividend has not shown consistent growth over the last 10 years.

Koninklijke Philips Nv's dividend payout ratio of -49.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Psychemedics (NASDAQ:PMD)


Psychemedics (NASDAQ:PMD) has an annual dividend yield of 4.16%, which is 2 percentage points higher than the diagnostic & research industry average of 1.86%. Psychemedics's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Psychemedics's dividend has not shown consistent growth over the last 10 years.

Psychemedics's dividend payout ratio of -52.8% indicates that its dividend yield might not be sustainable for the long-term.

3. Quest Diagnostics (NYSE:DGX)


Quest Diagnostics (NYSE:DGX) has an annual dividend yield of 1.97%, which is the same as the diagnostic & research industry average of 1.86%. 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 32.6% indicates that its dividend yield is sustainable for the long-term.

Why are diagnostic & research stocks down?

Diagnostic & research stocks were down -2.42% in the last day, and up 0.43% 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. Syneos Health (NASDAQ:SYNH)


Syneos Health (NASDAQ:SYNH) is the most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Syneos Health has a valuation score of 86, which is 57 points higher than the diagnostic & research industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Syneos Health's stock has dropped -59.29% in the past year. It has underperformed other stocks in the diagnostic & research industry by -43 percentage points.

2. Laboratory Of America Holdings (NYSE:LH)


Laboratory Of America Holdings (NYSE:LH) is the second most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Laboratory Of America Holdings has a valuation score of 57, which is 28 points higher than the diagnostic & research industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Laboratory Of America Holdings's stock has dropped -21.79% in the past year. It has underperformed other stocks in the diagnostic & research industry by -5 percentage points.

3. Fulgent Genetics (NASDAQ:FLGT)


Fulgent Genetics (NASDAQ:FLGT) is the third most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Fulgent Genetics has a valuation score of 57, which is 28 points higher than the diagnostic & research industry average of 29. It passed 4 out of 7 valuation due diligence checks.

Fulgent Genetics's stock has dropped -52% in the past year. It has underperformed other stocks in the diagnostic & research industry by -35 percentage points.

Are diagnostic & research stocks a good buy now?

46.34% of diagnostic & research stocks rated by analysts are a strong buy right now. On average, analysts expect diagnostic & research stocks to rise by 23.15% 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 33.03x.
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.