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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
GRMN
GARMIN LTD
Switzerland
$32.65B192,077,71846.16%53.84%Net SellingNet Selling
KEYS
KEYSIGHT TECHNOLOGIES INC
United States
$26.20B174,555,84284.42%1.09%Net SellingNet Selling
FTV
FORTIVE CORP
United States
$27.12B352,028,66286.91%13.09%Net SellingNet Selling
BMI
BADGER METER INC
United States
$5.63B29,393,73088.83%4.29%Net SellingNet Selling
MLAB
MESA LABORATORIES INC
United States
$621.29M5,394,05185.26%14.74%Net Selling
TDY
TELEDYNE TECHNOLOGIES INC
United States
$18.64B47,422,49091.36%5.21%Net BuyingNet Buying
SOTK
SONO TEK CORP
United States
$72.74M15,745,2066.80%24.38%Net SellingNet Selling
CGNX
COGNEX CORP
United States
$7.88B171,662,05688.11%3.64%Net BuyingNet Selling
ESE
ESCO TECHNOLOGIES INC
United States
$2.82B25,798,27195.59%4.00%Net SellingNet Selling
VNT
VONTIER CORP
United States
$6.36B154,400,00095.48%0.88%Net SellingNet Selling
ITRI
ITRON INC
United States
$4.97B45,869,37381.86%18.14%Net SellingNet Selling
ELSE
ELECTRO SENSORS INC
United States
$13.92M3,428,0215.56%94.44%
VPG
VISHAY PRECISION GROUP INC
United States
$447.76M13,353,92372.13%27.87%Net SellingNet Selling
BKSY
BLACKSKY TECHNOLOGY INC
United States
$185.75M146,262,69426.70%35.90%Net SellingNet Selling
CPTN
CEPTON INC
United States
$48.24M15,920,9170.84%99.16%Net SellingNet Selling
TRMB
TRIMBLE INC
United States
$14.00B245,687,18193.08%1.07%Net SellingNet Buying
LUNA
LUNA INNOVATIONS INC
United States
$94.91M33,958,64159.77%26.60%Net BuyingNet Buying
GNSS
GENASYS INC
United States
$99.50M44,027,12134.58%65.42%Net BuyingNet Selling
MVIS
MICROVISION INC
United States
$316.33M195,267,38530.79%14.18%Net SellingNet Selling
WATT
ENERGOUS CORP
United States
$9.37M6,082,6861.93%98.07%Net Buying
SOBR
SOBR SAFE INC
United States
$4.82M20,007,4654.51%68.97%Net BuyingNet Buying
SVRE
SAVERONE 2014 LTD
Israel
$10.52M69,579,2310.11%0.00%
MIND
MIND TECHNOLOGY INC
United States
$8.11M1,405,7796.03%93.97%
FARO
FARO TECHNOLOGIES INC
United States
$361.65M19,205,87389.81%10.19%Net BuyingNet Selling
COHR
COHERENT CORP
United States
$8.43B152,461,01386.50%10.15%Net SellingNet Selling
MSAI
MULTISENSOR AI HOLDINGS INC
United States
$31.81M11,956,8230.02%87.68%
NOVT
NOVANTA INC
United States
$5.81B35,893,90675.86%24.14%Net SellingNet Selling
MKSI
MKS INSTRUMENTS INC
United States
$8.27B67,055,40469.90%30.10%Net SellingNet Selling
ST
SENSATA TECHNOLOGIES HOLDING PLC
United Kingdom
$6.33B150,738,90743.63%56.37%Net BuyingNet Buying
WRAP
WRAP TECHNOLOGIES INC
United States
$67.87M44,214,1698.83%45.47%Net Selling
FCUV
FOCUS UNIVERSAL INC
United States
$22.48M64,771,8174.42%19.81%
KNW
KNOW LABS INC
United States
$51.33M81,346,5242.81%42.02%Net Buying
AWIN
AERWINS TECHNOLOGIES INC
Japan
$2.92M924,8904.95%95.05%

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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