WallStreetZenWallStreetZen

Sectors & IndustriesTechnologyScientific & Technical Instruments
Best Scientific & Technical Instrument Stocks to Buy Now (2024)
Top scientific & technical instrument stocks in 2024 ranked by overall Zen Score. See the best scientific & technical instrument stocks to buy now, according to analyst forecasts for the scientific & technical instruments industry.

Industry: Scientific & Technical In...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
GRMN
GARMIN LTD
NYSE
Scientific & Technical Instruments
$26.79B$139.671.63%$1.38B20.72x0.23
ITRI
ITRON INC
NASDAQ
Scientific & Technical Instruments
$4.27B$93.760.62%$206.56M44.02x0.97
KEYS
KEYSIGHT TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$27.57B$157.500.27%$1.65B26.47x0.87
BMI
BADGER METER INC
NYSE
Scientific & Technical Instruments
$4.75B$161.771.16%$150.08M51.19x0.39
FTV
FORTIVE CORP
NYSE
Scientific & Technical Instruments
$29.79B$84.79-0.99%$1.57B34.47x0.64
SOTK
SONO TEK CORP
NASDAQ
Scientific & Technical Instruments
$79.42M$5.04-4.47%$2.28M72.06x0.41
TDY
TELEDYNE TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$20.30B$428.450.81%$1.35B22.79x0.58
CGNX
COGNEX CORP
NASDAQ
Scientific & Technical Instruments
$6.82B$39.73-0.25%$157.23M60.20x0.34
ESE
ESCO TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$2.60B$100.69-0.59%$180.89M27.89x0.54
MLAB
MESA LABORATORIES INC
NASDAQ
Scientific & Technical Instruments
$605.75M$112.302.62%$38.93M660.59x0.84
CPTN
CEPTON INC
NASDAQ
Scientific & Technical Instruments
$40.89M$2.58-1.90%-$55.23M-0.71x-0.51
ELSE
ELECTRO SENSORS INC
NASDAQ
Scientific & Technical Instruments
$13.99M$4.080.00%$563.00k40.80x0.06
VPG
VISHAY PRECISION GROUP INC
NYSE
Scientific & Technical Instruments
$463.17M$34.61-2.09%$57.66M18.31x0.43
NOVT
NOVANTA INC
NASDAQ
Scientific & Technical Instruments
$6.32B$176.390.63%$156.18M86.89x0.82
BKSY
BLACKSKY TECHNOLOGY INC
NYSE
Scientific & Technical Instruments
$215.91M$1.516.34%-$11.75M-2.96x1.31
TRMB
TRIMBLE INC
NASDAQ
Scientific & Technical Instruments
$15.37B$62.550.32%$768.60M49.64x1.12
FARO
FARO TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$417.32M$22.00-0.05%-$35.34M-7.36x0.88
SVRE
SAVERONE 2014 LTD
NASDAQ
Scientific & Technical Instruments
$7.48M$1.32-5.04%-$29.51M-0.28x1.68
MVIS
MICROVISION INC
NASDAQ
Scientific & Technical Instruments
$434.47M$2.23-3.68%-$73.83M-4.94x0.35
LUNA
LUNA INNOVATIONS INC
NASDAQ
Scientific & Technical Instruments
$216.66M$6.38-5.48%$5.03M-79.75x0.75
WATT
ENERGOUS CORP
NASDAQ
Scientific & Technical Instruments
$10.32M$1.98-3.41%-$20.72M-0.41x0.30
GNSS
GENASYS INC
NASDAQ
Scientific & Technical Instruments
$87.61M$1.991.02%-$11.23M-3.62x0.40
SOBR
SOBR SAFE INC
NASDAQ
Scientific & Technical Instruments
$11.50M$0.62-0.80%-$9.94M-1.22x0.84
FCUV
FOCUS UNIVERSAL INC
NASDAQ
Scientific & Technical Instruments
$24.96M$0.392.94%-$3.99M-6.75x0.32
MKSI
MKS INSTRUMENTS INC
NASDAQ
Scientific & Technical Instruments
$8.51B$126.850.25%-$1.18B-4.61x2.69
COHR
COHERENT CORP
NYSE
Scientific & Technical Instruments
$10.15B$66.895.39%$580.48M-23.72x1.19
MSAI
MULTISENSOR AI HOLDINGS INC
NASDAQ
Scientific & Technical Instruments
$34.44M$2.886.86%-$15.92M-0.08x2.63
MIND
MIND TECHNOLOGY INC
NASDAQ
Scientific & Technical Instruments
$8.74M$6.222.81%$2.30M-1.96x0.41
VNT
VONTIER CORP
NYSE
Scientific & Technical Instruments
$6.70B$43.561.02%$702.20M17.93x3.82
ST
SENSATA TECHNOLOGIES HOLDING PLC
NYSE
Scientific & Technical Instruments
$5.29B$35.181.30%$506.99M-1,172.67x1.56
WRAP
WRAP TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$150.33M$3.40-6.34%-$14.38M-8.95x0.54
KNW
KNOW LABS INC
NYSEMKT
Scientific & Technical Instruments
$73.21M$0.906.89%-$14.28M-2.43x3.09
AWIN
AERWINS TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$5.89M$0.090.00%-$24.53M-0.18x-1.20

Scientific & Technical Instrument Stocks FAQ

What are the best scientific & technical instrument stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best scientific & technical instrument stocks to buy right now are:

1. Garmin (NYSE:GRMN)


Garmin (NYSE:GRMN) is the top scientific & technical instrument stock with a Zen Score of 52, which is 24 points higher than the scientific & technical instrument industry average of 28. It passed 18 out of 38 due diligence checks and has strong fundamentals. Garmin has seen its stock return 41.94% over the past year, overperforming other scientific & technical instrument stocks by 36 percentage points.

Garmin has an average 1 year price target of $134.00, a downside of -4.06% from Garmin's current stock price of $139.67.

Garmin stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Garmin, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Itron (NASDAQ:ITRI)


Itron (NASDAQ:ITRI) is the second best scientific & technical instrument stock with a Zen Score of 51, which is 23 points higher than the scientific & technical instrument industry average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Itron has seen its stock return 69.95% over the past year, overperforming other scientific & technical instrument stocks by 64 percentage points.

Itron has an average 1 year price target of $84.57, a downside of -9.8% from Itron's current stock price of $93.76.

Itron stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Itron, 28.57% have issued a Strong Buy rating, 42.86% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Keysight Technologies (NYSE:KEYS)


Keysight Technologies (NYSE:KEYS) is the third best scientific & technical instrument stock with a Zen Score of 48, which is 20 points higher than the scientific & technical instrument industry average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Keysight Technologies has seen its stock lose -1.17% over the past year, underperforming other scientific & technical instrument stocks by -7 percentage points.

Keysight Technologies has an average 1 year price target of $160.80, an upside of 2.1% from Keysight Technologies's current stock price of $157.50.

Keysight Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Keysight Technologies, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the scientific & technical instrument stocks with highest dividends?

Out of 8 scientific & technical instrument stocks that have issued dividends in the past year, the 3 scientific & technical instrument stocks with the highest dividend yields are:

1. Garmin (NYSE:GRMN)


Garmin (NYSE:GRMN) has an annual dividend yield of 2.09%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.76%. Garmin's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Garmin's dividend has shown consistent growth over the last 10 years.

Garmin's dividend payout ratio of 43.3% indicates that its dividend yield is sustainable for the long-term.

2. Sensata Technologies Holding (NYSE:ST)


Sensata Technologies Holding (NYSE:ST) has an annual dividend yield of 1.36%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.76%.

Sensata Technologies Holding's dividend payout ratio of -1,600% indicates that its dividend yield might not be sustainable for the long-term.

3. Cognex (NASDAQ:CGNX)


Cognex (NASDAQ:CGNX) has an annual dividend yield of 0.73%, which is the same as the scientific & technical instrument industry average of 0.76%. Cognex's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Cognex's dividend has shown consistent growth over the last 10 years.

Cognex's dividend payout ratio of 43.2% indicates that its dividend yield is sustainable for the long-term.

Why are scientific & technical instrument stocks up?

Scientific & technical instrument stocks were up 0.76% in the last day, and up 3.04% over the last week.

We couldn't find a catalyst for why scientific & technical instrument stocks are up.

What are the most undervalued scientific & technical instrument stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued scientific & technical instrument stocks right now are:

1. Fortive (NYSE:FTV)


Fortive (NYSE:FTV) is the most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Fortive has a valuation score of 57, which is 36 points higher than the scientific & technical instrument industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Fortive's stock has gained 24.89% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 19 percentage points.

2. Mesa Laboratories (NASDAQ:MLAB)


Mesa Laboratories (NASDAQ:MLAB) is the second most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Mesa Laboratories has a valuation score of 43, which is 22 points higher than the scientific & technical instrument industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Mesa Laboratories's stock has dropped -34.97% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -41 percentage points.

3. Esco Technologies (NYSE:ESE)


Esco Technologies (NYSE:ESE) is the third most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Esco Technologies has a valuation score of 43, which is 22 points higher than the scientific & technical instrument industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Esco Technologies's stock has gained 10.15% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 4 percentage points.

Are scientific & technical instrument stocks a good buy now?

42.11% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 3.9% over the next year.

What is the average p/e ratio of the scientific & technical instruments industry?

The average P/E ratio of the scientific & technical instruments industry is -5.48x.
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.