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
$28.55B$148.870.60%$1.38B22.09x0.23
ITRI
ITRON INC
NASDAQ
Scientific & Technical Instruments
$4.22B$92.521.07%$206.56M43.44x0.97
KEYS
KEYSIGHT TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$27.30B$156.380.35%$1.56B28.54x0.88
FTV
FORTIVE CORP
NYSE
Scientific & Technical Instruments
$30.23B$86.020.00%$1.57B34.97x0.64
SOTK
SONO TEK CORP
NASDAQ
Scientific & Technical Instruments
$76.99M$4.89-0.20%$2.28M69.86x0.41
BMI
BADGER METER INC
NYSE
Scientific & Technical Instruments
$4.75B$161.810.50%$150.08M51.21x0.39
TDY
TELEDYNE TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$20.34B$429.320.07%$1.35B22.84x0.58
CGNX
COGNEX CORP
NASDAQ
Scientific & Technical Instruments
$7.28B$42.42-0.14%$157.23M64.27x0.34
ESE
ESCO TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$2.76B$107.051.05%$180.89M29.65x0.54
MLAB
MESA LABORATORIES INC
NASDAQ
Scientific & Technical Instruments
$591.89M$109.732.31%$38.93M645.47x0.84
ELSE
ELECTRO SENSORS INC
NASDAQ
Scientific & Technical Instruments
$14.29M$4.17-2.34%$473.00k52.13x0.05
CPTN
CEPTON INC
NASDAQ
Scientific & Technical Instruments
$44.05M$2.78-0.36%-$55.23M-0.77x-0.51
VPG
VISHAY PRECISION GROUP INC
NYSE
Scientific & Technical Instruments
$472.80M$35.331.46%$57.66M18.69x0.43
NOVT
NOVANTA INC
NASDAQ
Scientific & Technical Instruments
$6.26B$174.770.56%$156.18M86.09x0.82
BKSY
BLACKSKY TECHNOLOGY INC
NYSE
Scientific & Technical Instruments
$198.92M$1.36-0.73%$434.00k-3.40x1.41
TRMB
TRIMBLE INC
NASDAQ
Scientific & Technical Instruments
$15.81B$64.361.67%$768.60M51.08x1.12
LUNA
LUNA INNOVATIONS INC
NASDAQ
Scientific & Technical Instruments
$108.84M$3.21-4.75%$5.03M-40.06x0.75
SOBR
SOBR SAFE INC
NASDAQ
Scientific & Technical Instruments
$7.60M$0.41-18.00%-$9.94M-0.80x0.84
FARO
FARO TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$408.03M$21.51-0.46%-$35.34M-7.19x0.88
MVIS
MICROVISION INC
NASDAQ
Scientific & Technical Instruments
$359.29M$1.841.10%-$73.83M-4.09x0.35
GNSS
GENASYS INC
NASDAQ
Scientific & Technical Instruments
$104.34M$2.37-1.25%-$11.23M-4.31x0.40
SVRE
SAVERONE 2014 LTD
NASDAQ
Scientific & Technical Instruments
$18.37M$1.32-3.65%-$32.09M-0.24x1.55
FCUV
FOCUS UNIVERSAL INC
NASDAQ
Scientific & Technical Instruments
$26.58M$0.41-7.87%-$3.99M-7.19x0.32
MKSI
MKS INSTRUMENTS INC
NASDAQ
Scientific & Technical Instruments
$8.92B$133.000.82%-$1.18B-4.83x2.69
VNT
VONTIER CORP
NYSE
Scientific & Technical Instruments
$6.98B$45.361.39%$702.20M18.67x3.82
MIND
MIND TECHNOLOGY INC
NASDAQ
Scientific & Technical Instruments
$6.40M$4.563.31%$2.30M-1.44x0.41
MSAI
MULTISENSOR AI HOLDINGS INC
NASDAQ
Scientific & Technical Instruments
$27.02M$2.2611.88%-$15.92M-0.06x2.63
COHR
COHERENT CORP
NYSE
Scientific & Technical Instruments
$9.20B$60.62-0.43%$580.48M-21.50x1.19
WATT
ENERGOUS CORP
NASDAQ
Scientific & Technical Instruments
$12.35M$2.034.10%-$19.18M-0.49x0.45
ST
SENSATA TECHNOLOGIES HOLDING PLC
NYSE
Scientific & Technical Instruments
$5.53B$36.740.85%$506.99M-1,224.67x1.56
WRAP
WRAP TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$99.92M$2.263.43%-$14.38M-5.95x0.54
KNW
KNOW LABS INC
NYSEMKT
Scientific & Technical Instruments
$51.25M$0.63-1.25%-$14.28M-1.70x3.09
AWIN
AERWINS TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$4.07M$0.07-12.16%-$24.53M-0.13x-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 53.89% 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 -9.99% from Garmin's current stock price of $148.87.

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 74.9% 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 -2.59% from Itron's current stock price of $92.52.

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 0.69% over the past year, underperforming other scientific & technical instrument stocks by -10 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 2.16% from Keysight Technologies's current stock price of $156.38.

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 1.96%, 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 1.31%, 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 0.59% in the last day, and up 1.17% over the last week. Energous was the among the top gainers in the scientific & technical instruments industry, gaining 4.1% yesterday.

Energous shares are trading lower after the company reported FY23 financial results.

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 74.9% 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 16.12% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 5 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 29.8% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 19 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 3.21% 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 -6.86x.
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.