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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...
OverviewZen ScorePriceValuationFinancialsForecast
Earnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
GRMN
GARMIN LTD
$32.65B$169.96$159.33-6.25%Hold68.72%-15.87%N/AN/A
KEYS
KEYSIGHT TECHNOLOGIES INC
$26.20B$150.10$159.756.43%Buy4-0.66%36.30%N/AN/A
FTV
FORTIVE CORP
$27.12B$77.04$90.1417.01%Buy74.64%33.46%N/AN/A
BMI
BADGER METER INC
$5.63B$191.65$177.50-7.38%Hold26.81%-1.65%N/AN/A
MLAB
MESA LABORATORIES INC
$621.29M$115.18$130.0012.87%Buy111.57%978.94%N/AN/A
TDY
TELEDYNE TECHNOLOGIES INC
$18.64B$393.03$435.0010.68%Buy34.03%7.25%N/AN/A
SOTK
SONO TEK CORP
$72.74M$4.62N/AN/AN/AN/A10.27%N/AN/AN/A
CGNX
COGNEX CORP
$7.88B$45.90$48.635.94%Buy811.83%104.26%N/AN/A
ESE
ESCO TECHNOLOGIES INC
$2.82B$109.15N/AN/AN/AN/AN/AN/AN/AN/A
VNT
VONTIER CORP
$6.36B$41.19$45.8311.27%Strong Buy6N/AN/AN/AN/A
ITRI
ITRON INC
$4.97B$108.25$105.11-2.90%Buy94.47%-9.75%N/AN/A
ELSE
ELECTRO SENSORS INC
$13.92M$4.06N/AN/AN/AN/AN/AN/AN/AN/A
VPG
VISHAY PRECISION GROUP INC
$447.76M$33.53$41.0022.28%Strong Buy1-0.01%N/AN/AN/A
BKSY
BLACKSKY TECHNOLOGY INC
$185.75M$1.27$2.75116.54%Strong Buy227.57%N/AN/AN/A
CPTN
CEPTON INC
$48.24M$3.03$2.50-17.49%Hold183.82%N/AN/A-18.74%
TRMB
TRIMBLE INC
$14.00B$57.00$69.8022.46%Buy5-1.06%93.14%N/AN/A
LUNA
LUNA INNOVATIONS INC
$94.91M$2.80$8.00186.23%Buy118.45%N/AN/AN/A
GNSS
GENASYS INC
$99.50M$2.26$3.5054.87%Strong Buy119.96%N/AN/AN/A
MVIS
MICROVISION INC
$316.33M$1.62$3.0085.19%Hold1N/AN/AN/AN/A
WATT
ENERGOUS CORP
$9.37M$1.54$2.0029.87%Hold1241.64%N/AN/AN/A
SOBR
SOBR SAFE INC
$4.82M$0.24N/AN/AN/AN/AN/AN/AN/AN/A
SVRE
SAVERONE 2014 LTD
$10.52M$0.76N/AN/AN/AN/A-14.85%N/AN/AN/A
MIND
MIND TECHNOLOGY INC
$8.11M$5.77N/AN/AN/AN/AN/AN/AN/AN/A
FARO
FARO TECHNOLOGIES INC
$361.65M$18.83$27.0043.39%Buy1N/AN/AN/AN/A
COHR
COHERENT CORP
$8.43B$55.30$64.5616.74%Strong Buy97.33%N/AN/AN/A
MSAI
MULTISENSOR AI HOLDINGS INC
$31.81M$2.66$8.00200.75%Strong Buy1165.58%N/AN/AN/A
NOVT
NOVANTA INC
$5.81B$161.84N/AN/AN/AN/A10.36%N/AN/AN/A
MKSI
MKS INSTRUMENTS INC
$8.27B$123.32$128.754.40%Strong Buy44.39%N/AN/AN/A
ST
SENSATA TECHNOLOGIES HOLDING PLC
$6.33B$41.99$43.784.26%Hold93.20%N/AN/AN/A
WRAP
WRAP TECHNOLOGIES INC
$67.87M$1.54N/AN/AN/AN/AN/AN/AN/AN/A
FCUV
FOCUS UNIVERSAL INC
$22.48M$0.35N/AN/AN/AN/AN/AN/AN/AN/A
KNW
KNOW LABS INC
$51.33M$0.63$1.0058.48%Buy1N/AN/AN/AN/A
AWIN
AERWINS TECHNOLOGIES INC
$2.92M$3.16N/AN/AN/AN/AN/AN/AN/AN/A
1

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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