Sectors & Industries TechnologyScientific & 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...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
GRMN	GARMIN LTD	$32.65B	1.72%	41.00%	$0.7300	$2.92	35%	0	2024-06-17	2024-06-28
KEYS	KEYSIGHT TECHNOLOGIES INC	$26.20B	N/A	0.00%	N/A	N/A	N/A	N/A
FTV	FORTIVE CORP	$27.12B	0.39%	11.70%	$0.0800	$0.30	6%	0	2024-05-31	2024-06-28
BMI	BADGER METER INC	$5.63B	0.54%	29.70%	$0.2700	$1.04	9%	1	2024-05-23	2024-06-07
MLAB	MESA LABORATORIES INC	$621.29M	0.56%	376.50%	$0.1600	$0.64	9%	0	2024-05-31	2024-06-14
TDY	TELEDYNE TECHNOLOGIES INC	$18.64B	N/A	0.00%	N/A	N/A	N/A	N/A
SOTK	SONO TEK CORP	$72.74M	N/A	0.00%	N/A	N/A	N/A	N/A
CGNX	COGNEX CORP	$7.88B	0.63%	50.00%	$0.0750	$0.29	11%	1	2024-05-15	2024-05-30
ESE	ESCO TECHNOLOGIES INC	$2.82B	0.29%	8.90%	$0.0800	$0.32	4%	0
VNT	VONTIER CORP	$6.36B	0.06%	1.80%	$0.0250	$0.03	0%	0
ITRI	ITRON INC	$4.97B	N/A	0.00%	N/A	N/A	N/A	N/A
ELSE	ELECTRO SENSORS INC	$13.92M	N/A	0.00%	N/A	N/A	N/A	N/A
VPG	VISHAY PRECISION GROUP INC	$447.76M	N/A	0.00%	N/A	N/A	N/A	N/A
BKSY	BLACKSKY TECHNOLOGY INC	$185.75M	N/A	0.00%	N/A	N/A	N/A	N/A
CPTN	CEPTON INC	$48.24M	N/A	0.00%	N/A	N/A	N/A	N/A
TRMB	TRIMBLE INC	$14.00B	N/A	0.00%	N/A	N/A	N/A	N/A
LUNA	LUNA INNOVATIONS INC	$94.91M	N/A	0.00%	N/A	N/A	N/A	N/A
GNSS	GENASYS INC	$99.50M	N/A	0.00%	$0.0100	N/A	N/A	0
MVIS	MICROVISION INC	$316.33M	N/A	0.00%	N/A	N/A	N/A	N/A
WATT	ENERGOUS CORP	$9.37M	N/A	0.00%	N/A	N/A	N/A	N/A
SOBR	SOBR SAFE INC	$4.82M	N/A	0.00%	N/A	N/A	N/A	N/A
SVRE	SAVERONE 2014 LTD	$10.52M	N/A	0.00%	N/A	N/A	N/A	N/A
MIND	MIND TECHNOLOGY INC	$8.11M	N/A	0.00%	$5.6250	N/A	N/A	0
FARO	FARO TECHNOLOGIES INC	$361.65M	N/A	0.00%	N/A	N/A	N/A	N/A
COHR	COHERENT CORP	$8.43B	N/A	0.00%	N/A	N/A	N/A	N/A
MSAI	MULTISENSOR AI HOLDINGS INC	$31.81M	N/A	0.00%	N/A	N/A	N/A	N/A
NOVT	NOVANTA INC	$5.81B	N/A	0.00%	N/A	N/A	N/A	N/A
MKSI	MKS INSTRUMENTS INC	$8.27B	0.71%	-3.20%	$0.2200	$0.88	13%	0
ST	SENSATA TECHNOLOGIES HOLDING PLC	$6.33B	1.43%	-533.30%	$0.1200	$0.60	28%	0		2024-05-22
WRAP	WRAP TECHNOLOGIES INC	$67.87M	N/A	0.00%	N/A	N/A	N/A	N/A
FCUV	FOCUS UNIVERSAL INC	$22.48M	N/A	0.00%	N/A	N/A	N/A	N/A
KNW	KNOW LABS INC	$51.33M	N/A	0.00%	N/A	N/A	N/A	N/A
AWIN	AERWINS TECHNOLOGIES INC	$2.92M	N/A	0.00%	N/A	N/A	N/A	N/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.

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.

Scientific & Technical Instrument Stocks FAQ

1. Garmin (NYSE:GRMN)

2. Keysight Technologies (NYSE:KEYS)

3. Fortive (NYSE:FTV)

1. Garmin (NYSE:GRMN)

2. Sensata Technologies Holding (NYSE:ST)

3. Mks Instruments (NASDAQ:MKSI)

1. Mesa Laboratories (NASDAQ:MLAB)

2. Fortive (NYSE:FTV)

3. Vontier (NYSE:VNT)

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