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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
GRMN
GARMIN LTD
$32.65B20.40%16.50%17.37%27.80%0.194.0457.70%25.00%23.90%
KEYS
KEYSIGHT TECHNOLOGIES INC
$26.20B20.30%11.00%19.21%28.30%0.881.9364.80%18.10%24.97%
FTV
FORTIVE CORP
$27.12B8.80%5.50%7.31%29.40%0.671.5059.60%14.70%18.83%
BMI
BADGER METER INC
$5.63B20.30%14.60%21.96%57.60%0.393.4839.30%13.80%18.03%
MLAB
MESA LABORATORIES INC
$621.29M0.20%0.10%0.66%1.70%0.842.6861.00%0.40%2.16%
TDY
TELEDYNE TECHNOLOGIES INC
$18.64B9.90%6.20%7.99%20.20%0.571.8143.30%15.80%18.35%
SOTK
SONO TEK CORP
$72.74M8.90%6.30%10.64%14.70%0.412.8350.20%7.30%9.20%
CGNX
COGNEX CORP
$7.88B6.70%5.00%6.94%9.70%0.353.5270.80%11.80%14.95%
ESE
ESCO TECHNOLOGIES INC
$2.82B8.30%5.40%8.81%20.80%0.541.9839.30%9.60%13.34%
VNT
VONTIER CORP
$6.36B51.70%10.10%18.19%20.00%3.361.5747.20%14.00%20.36%
ITRI
ITRON INC
$4.97B12.50%6.20%10.07%18.70%0.951.9033.40%7.00%9.25%
ELSE
ELECTRO SENSORS INC
$13.92M2.00%1.90%2.76%5.20%0.0519.0449.60%3.20%4.43%
VPG
VISHAY PRECISION GROUP INC
$447.76M7.60%5.20%10.88%13.70%0.422.6442.70%7.10%11.75%
BKSY
BLACKSKY TECHNOLOGY INC
$185.75M-54.90%-23.80%-22.32%-18.70%1.412.8964.20%-57.00%-46.44%
CPTN
CEPTON INC
$48.24MN/A-54.20%-73.97%-102.60%-0.429.0027.20%-371.80%-393.09%
TRMB
TRIMBLE INC
$14.00B7.10%3.40%6.72%13.10%1.121.0061.40%8.20%13.64%
LUNA
LUNA INNOVATIONS INC
$94.91M-2.30%-1.40%-0.40%-0.50%0.752.8659.00%-1.80%-0.45%
GNSS
GENASYS INC
$99.50M-53.10%-37.70%-32.47%-60.30%0.402.3445.40%-53.30%-36.12%
MVIS
MICROVISION INC
$316.33M-84.30%-61.60%-74.86%-135.10%0.354.2361.80%-1,141.20%-1,125.44%
WATT
ENERGOUS CORP
$9.37M-117.70%-86.90%-160.66%4,912.90%0.453.2541.10%-4,084.20%-4,084.23%
SOBR
SOBR SAFE INC
$4.82M-204.90%-116.90%-203.50%-421.10%2.052.2139.60%-6,494.10%-5,982.79%
SVRE
SAVERONE 2014 LTD
$10.52M-182.30%-110.20%-267.65%-517.40%1.551.6427.60%-1,243.90%-1,199.12%
MIND
MIND TECHNOLOGY INC
$8.11M-15.90%-10.70%6.94%8.40%0.482.7643.70%-9.60%4.42%
FARO
FARO TECHNOLOGIES INC
$361.65M-16.10%-8.60%-9.82%-15.40%0.882.3547.10%-11.90%-10.51%
COHR
COHERENT CORP
$8.43B-8.00%-2.90%-0.66%-1.10%1.222.7129.70%-9.00%-1.90%
MSAI
MULTISENSOR AI HOLDINGS INC
$31.81MN/A-51.90%-391.20%-52.30%-62.091.1626.60%-410.10%-404.53%
NOVT
NOVANTA INC
$5.81B10.60%5.50%8.63%13.40%1.072.8345.10%7.80%12.16%
MKSI
MKS INSTRUMENTS INC
$8.27B-61.90%-19.00%-19.01%-21.40%2.693.1845.30%-50.80%-43.40%
ST
SENSATA TECHNOLOGIES HOLDING PLC
$6.33B-0.50%-0.20%2.74%3.40%1.562.6430.80%-0.40%4.60%
WRAP
WRAP TECHNOLOGIES INC
$67.87M-68.40%-51.70%-73.63%-125.20%0.542.3953.60%-170.30%-168.18%
FCUV
FOCUS UNIVERSAL INC
$22.48M-90.00%-74.20%-127.29%-101.90%0.500.628.90%-448.40%-444.77%
KNW
KNOW LABS INC
$51.33M-886.20%-324.00%-1,198.97%1,836.30%3.091.27N/AN/AN/A
AWIN
AERWINS TECHNOLOGIES INC
$2.92MN/A-470.10%214.95%4,444.90%-1.060.08N/AN/AN/A

Scientific & Technical Instrument Stocks FAQ

What are the best scientific & technical instrument stocks to buy right now in May 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 53, which is 27 points higher than the scientific & technical instrument industry average of 26. It passed 19 out of 38 due diligence checks and has strong fundamentals. Garmin has seen its stock return 64.12% over the past year, overperforming other scientific & technical instrument stocks by 57 percentage points.

Garmin has an average 1 year price target of $159.33, a downside of -6.25% from Garmin's current stock price of $169.96.

Garmin stock has a consensus Hold recommendation according to Wall Street analysts. Of the 6 analysts covering Garmin, 16.67% have issued a Strong Buy rating, 0% have issued a Buy, 83.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Keysight Technologies (NYSE:KEYS)


Keysight Technologies (NYSE:KEYS) is the second best scientific & technical instrument stock with a Zen Score of 49, which is 23 points higher than the scientific & technical instrument industry average of 26. It passed 16 out of 33 due diligence checks and has strong fundamentals. Keysight Technologies has seen its stock return 4.87% over the past year, underperforming other scientific & technical instrument stocks by -2 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 6.43% from Keysight Technologies's current stock price of $150.10.

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.

3. Fortive (NYSE:FTV)


Fortive (NYSE:FTV) is the third best scientific & technical instrument stock with a Zen Score of 48, which is 22 points higher than the scientific & technical instrument industry average of 26. It passed 17 out of 38 due diligence checks and has strong fundamentals. Fortive has seen its stock return 18.89% over the past year, overperforming other scientific & technical instrument stocks by 12 percentage points.

Fortive has an average 1 year price target of $90.14, an upside of 17.01% from Fortive's current stock price of $77.04.

Fortive stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Fortive, 42.86% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% 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 1.72%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.7%. 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 41% 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 1.43%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.7%.

Sensata Technologies Holding's dividend payout ratio of -533.3% 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 0.71%, which is the same as the scientific & technical instrument industry average of 0.7%. 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 0.33% in the last day, and up 5.47% 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 57, which is 41 points higher than the scientific & technical instrument industry average of 16. It passed 4 out of 7 valuation due diligence checks.

Mesa Laboratories's stock has dropped -28.6% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -35 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 43, which is 27 points higher than the scientific & technical instrument industry average of 16. It passed 3 out of 7 valuation due diligence checks.

Fortive's stock has gained 18.89% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 12 percentage points.

3. Vontier (NYSE:VNT)


Vontier (NYSE:VNT) is the third most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Vontier has a valuation score of 43, which is 27 points higher than the scientific & technical instrument industry average of 16. It passed 3 out of 7 valuation due diligence checks.

Vontier's stock has gained 49.67% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 43 percentage points.

Are scientific & technical instrument stocks a good buy now?

43.48% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 7.26% 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 13.3x.
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