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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
$27.43B$143.030.17%$1.38B21.22x0.23
FTV
FORTIVE CORP
NYSE
Scientific & Technical Instruments
$26.83B$76.210.21%$1.64B29.77x0.67
KEYS
KEYSIGHT TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$25.73B$147.430.57%$1.56B26.90x0.88
BMI
BADGER METER INC
NYSE
Scientific & Technical Instruments
$5.40B$183.780.35%$162.77M52.66x0.39
SOTK
SONO TEK CORP
NASDAQ
Scientific & Technical Instruments
$66.92M$4.250.47%$2.28M60.71x0.41
MLAB
MESA LABORATORIES INC
NASDAQ
Scientific & Technical Instruments
$549.11M$101.80-2.56%$38.93M598.82x0.84
ITRI
ITRON INC
NASDAQ
Scientific & Technical Instruments
$4.30B$94.39-0.03%$206.56M44.31x0.97
TDY
TELEDYNE TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$17.86B$376.983.99%$1.35B20.05x0.58
CGNX
COGNEX CORP
NASDAQ
Scientific & Technical Instruments
$6.83B$39.790.66%$157.23M60.29x0.34
ESE
ESCO TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$2.69B$104.280.00%$180.89M28.89x0.54
ELSE
ELECTRO SENSORS INC
NASDAQ
Scientific & Technical Instruments
$13.78M$4.02-2.66%$473.00k50.25x0.05
CPTN
CEPTON INC
NASDAQ
Scientific & Technical Instruments
$47.76M$3.004.53%-$49.23M-0.97x-0.42
VPG
VISHAY PRECISION GROUP INC
NYSE
Scientific & Technical Instruments
$446.44M$33.360.42%$57.66M17.65x0.43
BKSY
BLACKSKY TECHNOLOGY INC
NYSE
Scientific & Technical Instruments
$182.83M$1.25-2.34%$434.00k-3.13x1.41
NOVT
NOVANTA INC
NASDAQ
Scientific & Technical Instruments
$5.60B$156.25-0.99%$156.18M76.97x0.82
MVIS
MICROVISION INC
NASDAQ
Scientific & Technical Instruments
$277.28M$1.42-0.70%-$73.83M-3.16x0.35
TRMB
TRIMBLE INC
NASDAQ
Scientific & Technical Instruments
$14.55B$59.21-0.50%$768.60M46.99x1.12
LUNA
LUNA INNOVATIONS INC
NASDAQ
Scientific & Technical Instruments
$67.58M$1.99-2.93%$5.03M-24.88x0.75
GNSS
GENASYS INC
NASDAQ
Scientific & Technical Instruments
$93.34M$2.120.95%-$11.23M-3.85x0.40
WATT
ENERGOUS CORP
NASDAQ
Scientific & Technical Instruments
$8.21M$1.35-3.57%-$19.18M-0.33x0.45
SOBR
SOBR SAFE INC
NASDAQ
Scientific & Technical Instruments
$5.80M$0.29-3.97%-$8.97M-0.52x2.05
FARO
FARO TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$349.98M$18.45-0.91%-$35.34M-6.17x0.88
SVRE
SAVERONE 2014 LTD
NASDAQ
Scientific & Technical Instruments
$9.23M$0.66-1.92%-$32.09M-0.12x1.55
MKSI
MKS INSTRUMENTS INC
NASDAQ
Scientific & Technical Instruments
$7.80B$116.272.19%-$1.18B-4.22x2.69
COHR
COHERENT CORP
NYSE
Scientific & Technical Instruments
$8.03B$52.881.50%$580.48M-18.75x1.19
MSAI
MULTISENSOR AI HOLDINGS INC
NASDAQ
Scientific & Technical Instruments
$31.69M$2.650.38%-$21.12M-0.74x-62.09
MIND
MIND TECHNOLOGY INC
NASDAQ
Scientific & Technical Instruments
$5.76M$4.10-3.76%$2.30M-1.29x0.41
VNT
VONTIER CORP
NYSE
Scientific & Technical Instruments
$6.28B$40.781.17%$702.20M16.78x3.82
ST
SENSATA TECHNOLOGIES HOLDING PLC
NYSE
Scientific & Technical Instruments
$5.17B$34.38-0.12%$506.99M-1,146.00x1.56
WRAP
WRAP TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$83.12M$1.88-4.57%-$14.38M-4.95x0.54
FCUV
FOCUS UNIVERSAL INC
NASDAQ
Scientific & Technical Instruments
$18.33M$0.281.07%-$4.51M-3.54x0.50
KNW
KNOW LABS INC
NYSEMKT
Scientific & Technical Instruments
$50.03M$0.62-0.65%-$14.28M-1.66x3.09
AWIN
AERWINS TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$1.53M$2.44-12.23%-$24.53M-0.05x-1.20

Scientific & Technical Instrument Stocks FAQ

What are the best scientific & technical instrument stocks to buy right now in Apr 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 48.87% over the past year, overperforming other scientific & technical instrument stocks by 48 percentage points.

Garmin has an average 1 year price target of $140.50, a downside of -1.77% from Garmin's current stock price of $143.03.

Garmin stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Garmin, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Fortive (NYSE:FTV)


Fortive (NYSE:FTV) is the second best scientific & technical instrument stock with a Zen Score of 53, which is 25 points higher than the scientific & technical instrument industry average of 28. It passed 19 out of 38 due diligence checks and has strong fundamentals. Fortive has seen its stock return 16.67% over the past year, overperforming other scientific & technical instrument stocks by 16 percentage points.

Fortive has an average 1 year price target of $87.63, an upside of 14.98% from Fortive's current stock price of $76.21.

Fortive stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Fortive, 37.5% have issued a Strong Buy rating, 0% have issued a Buy, 62.5% 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 3.85% over the past year, overperforming other scientific & technical instrument stocks by 3 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 8.36% from Keysight Technologies's current stock price of $147.43.

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 2.04%, 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 1.4%, 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. Mks Instruments (NASDAQ:MKSI)


Mks Instruments (NASDAQ:MKSI) has an annual dividend yield of 0.76%, which is the same as the scientific & technical instrument industry average of 0.76%. Mks Instruments's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Mks Instruments's dividend has shown consistent growth over the last 10 years.

Mks Instruments's dividend payout ratio of -3.2% indicates that its dividend yield might not be sustainable for the long-term.

Why are scientific & technical instrument stocks up?

Scientific & technical instrument stocks were up 0.84% in the last day, and up 0.4% 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. Mesa Laboratories (NASDAQ:MLAB)


Mesa Laboratories (NASDAQ:MLAB) is the most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Mesa Laboratories has a valuation score of 71, which is 49 points higher than the scientific & technical instrument industry average of 22. It passed 5 out of 7 valuation due diligence checks.

Mesa Laboratories's stock has dropped -38.37% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -39 percentage points.

2. Fortive (NYSE:FTV)


Fortive (NYSE:FTV) is the second most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Fortive has a valuation score of 57, which is 35 points higher than the scientific & technical instrument industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Fortive's stock has gained 16.67% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 16 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 21 points higher than the scientific & technical instrument industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Esco Technologies's stock has gained 9.69% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 9 percentage points.

Are scientific & technical instrument stocks a good buy now?

39.13% of scientific & technical instrument stocks rated by analysts are a strong buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 12.41% 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 -6.96x.
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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.