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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
$28.38B$147.980.39%$1.38B21.96x0.23
ITRI
ITRON INC
NASDAQ
Scientific & Technical Instruments
$4.17B$91.542.43%$206.56M42.98x0.97
KEYS
KEYSIGHT TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$27.20B$155.842.34%$1.56B28.44x0.88
FTV
FORTIVE CORP
NYSE
Scientific & Technical Instruments
$30.23B$86.021.33%$1.57B34.97x0.64
SOTK
SONO TEK CORP
NASDAQ
Scientific & Technical Instruments
$77.15M$4.900.41%$2.28M70.00x0.41
BMI
BADGER METER INC
NYSE
Scientific & Technical Instruments
$4.73B$161.002.22%$150.08M50.95x0.39
TDY
TELEDYNE TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$20.32B$429.011.31%$1.35B22.82x0.58
CGNX
COGNEX CORP
NASDAQ
Scientific & Technical Instruments
$7.29B$42.482.76%$157.23M64.36x0.34
ESE
ESCO TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$2.73B$105.942.52%$180.89M29.35x0.54
MLAB
MESA LABORATORIES INC
NASDAQ
Scientific & Technical Instruments
$578.51M$107.254.80%$38.93M630.88x0.84
ELSE
ELECTRO SENSORS INC
NASDAQ
Scientific & Technical Instruments
$14.64M$4.273.07%$473.00k53.38x0.05
CPTN
CEPTON INC
NASDAQ
Scientific & Technical Instruments
$44.21M$2.791.82%-$55.23M-0.77x-0.51
VPG
VISHAY PRECISION GROUP INC
NYSE
Scientific & Technical Instruments
$465.98M$34.822.96%$57.66M18.42x0.43
NOVT
NOVANTA INC
NASDAQ
Scientific & Technical Instruments
$6.23B$173.800.67%$156.18M85.62x0.82
BKSY
BLACKSKY TECHNOLOGY INC
NYSE
Scientific & Technical Instruments
$200.38M$1.375.38%$434.00k-3.43x1.41
TRMB
TRIMBLE INC
NASDAQ
Scientific & Technical Instruments
$15.55B$63.30-0.22%$768.60M50.24x1.12
LUNA
LUNA INNOVATIONS INC
NASDAQ
Scientific & Technical Instruments
$114.27M$3.377.17%$5.03M-42.06x0.75
FARO
FARO TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$409.93M$21.613.55%-$35.34M-7.23x0.88
MVIS
MICROVISION INC
NASDAQ
Scientific & Technical Instruments
$355.39M$1.827.69%-$73.83M-4.04x0.35
GNSS
GENASYS INC
NASDAQ
Scientific & Technical Instruments
$105.67M$2.40-1.64%-$11.23M-4.36x0.40
SOBR
SOBR SAFE INC
NASDAQ
Scientific & Technical Instruments
$9.27M$0.5016.55%-$9.94M-0.98x0.84
SVRE
SAVERONE 2014 LTD
NASDAQ
Scientific & Technical Instruments
$19.06M$1.3711.20%-$32.09M-0.25x1.55
WATT
ENERGOUS CORP
NASDAQ
Scientific & Technical Instruments
$10.16M$1.958.33%-$20.72M-0.40x0.30
FCUV
FOCUS UNIVERSAL INC
NASDAQ
Scientific & Technical Instruments
$28.85M$0.459.07%-$3.99M-7.81x0.32
MKSI
MKS INSTRUMENTS INC
NASDAQ
Scientific & Technical Instruments
$8.85B$131.924.28%-$1.18B-4.79x2.69
COHR
COHERENT CORP
NYSE
Scientific & Technical Instruments
$9.24B$60.882.01%$580.48M-21.59x1.19
VNT
VONTIER CORP
NYSE
Scientific & Technical Instruments
$6.89B$44.741.20%$702.20M18.41x3.82
MSAI
MULTISENSOR AI HOLDINGS INC
NASDAQ
Scientific & Technical Instruments
$24.15M$2.02-4.72%-$15.92M-0.06x2.63
MIND
MIND TECHNOLOGY INC
NASDAQ
Scientific & Technical Instruments
$6.20M$4.411.38%$2.30M-1.39x0.41
ST
SENSATA TECHNOLOGIES HOLDING PLC
NYSE
Scientific & Technical Instruments
$5.48B$36.434.35%$506.99M-1,214.33x1.56
WRAP
WRAP TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$96.61M$2.197.11%-$14.38M-5.75x0.54
KNW
KNOW LABS INC
NYSEMKT
Scientific & Technical Instruments
$51.90M$0.642.74%-$14.28M-1.72x3.09
AWIN
AERWINS TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$4.64M$0.07-1.33%-$24.53M-0.14x-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 56, which is 28 points higher than the scientific & technical instrument industry average of 28. It passed 20 out of 38 due diligence checks and has strong fundamentals. Garmin has seen its stock return 53.51% over the past year, overperforming other scientific & technical instrument stocks by 43 percentage points.

Garmin has an average 1 year price target of $134.00, a downside of -9.45% from Garmin's current stock price of $147.98.

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 54, which is 26 points higher than the scientific & technical instrument industry average of 28. It passed 17 out of 33 due diligence checks and has strong fundamentals. Itron has seen its stock return 74.43% over the past year, overperforming other scientific & technical instrument stocks by 64 percentage points.

Itron has an average 1 year price target of $90.13, a downside of -1.55% from Itron's current stock price of $91.54.

Itron stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Itron, 25% have issued a Strong Buy rating, 37.5% have issued a Buy, 37.5% 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 52, which is 24 points higher than the scientific & technical instrument industry average of 28. It passed 17 out of 33 due diligence checks and has strong fundamentals. Keysight Technologies has seen its stock return 0.06% over the past year, underperforming other scientific & technical instrument stocks by -11 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 2.51% from Keysight Technologies's current stock price of $155.84.

Keysight Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Keysight Technologies, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% 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 1.97%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.73%. 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 1.32%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.73%.

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 0.68%, which is the same as the scientific & technical instrument industry average of 0.73%. 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 1.99% in the last day, and up 1.82% 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. Itron (NASDAQ:ITRI)


Itron (NASDAQ:ITRI) is the most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Itron has a valuation score of 57, which is 34 points higher than the scientific & technical instrument industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Itron's stock has gained 74.43% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 64 percentage points.

2. Esco Technologies (NYSE:ESE)


Esco Technologies (NYSE:ESE) is the second most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Esco Technologies has a valuation score of 43, which is 20 points higher than the scientific & technical instrument industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Esco Technologies's stock has gained 16.61% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 6 percentage points.

3. Fortive (NYSE:FTV)


Fortive (NYSE:FTV) is the third most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Fortive has a valuation score of 43, which is 20 points higher than the scientific & technical instrument industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Fortive's stock has gained 30.43% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 20 percentage points.

Are scientific & technical instrument stocks a good buy now?

45% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 3.78% 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 -6.68x.
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