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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
$32.83B$170.940.56%$1.48B24.01x0.19
KEYS
KEYSIGHT TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$27.46B$157.300.33%$1.56B28.70x0.88
FTV
FORTIVE CORP
NYSE
Scientific & Technical Instruments
$27.16B$77.16-0.22%$1.64B30.14x0.67
TDY
TELEDYNE TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$19.27B$406.431.04%$1.34B21.66x0.57
BMI
BADGER METER INC
NYSE
Scientific & Technical Instruments
$5.80B$197.210.45%$162.77M56.51x0.39
MLAB
MESA LABORATORIES INC
NASDAQ
Scientific & Technical Instruments
$659.26M$122.221.33%$38.93M718.94x0.84
SOTK
SONO TEK CORP
NASDAQ
Scientific & Technical Instruments
$77.94M$4.951.54%$2.28M70.71x0.41
CGNX
COGNEX CORP
NASDAQ
Scientific & Technical Instruments
$8.21B$47.850.74%$151.74M82.50x0.35
ESE
ESCO TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$2.81B$109.080.85%$189.28M28.55x0.53
VNT
VONTIER CORP
NYSE
Scientific & Technical Instruments
$6.14B$39.77-0.95%$751.30M14.20x3.36
ITRI
ITRON INC
NASDAQ
Scientific & Technical Instruments
$5.00B$109.050.40%$281.57M31.07x0.95
VPG
VISHAY PRECISION GROUP INC
NYSE
Scientific & Technical Instruments
$432.80M$32.41-0.86%$56.40M17.81x0.42
ELSE
ELECTRO SENSORS INC
NASDAQ
Scientific & Technical Instruments
$14.02M$4.090.00%$534.00k45.44x0.05
CPTN
CEPTON INC
NASDAQ
Scientific & Technical Instruments
$44.74M$2.810.36%-$41.01M-1.09x-0.36
TRMB
TRIMBLE INC
NASDAQ
Scientific & Technical Instruments
$14.03B$57.09-0.28%$768.60M45.31x1.12
LUNA
LUNA INNOVATIONS INC
NASDAQ
Scientific & Technical Instruments
$102.22M$3.012.03%$5.03M-37.63x0.75
BKSY
BLACKSKY TECHNOLOGY INC
NYSE
Scientific & Technical Instruments
$179.13M$1.222.52%$3.95M-3.30x1.57
WATT
ENERGOUS CORP
NASDAQ
Scientific & Technical Instruments
$10.20M$1.561.30%-$19.12M-0.43x0.83
MVIS
MICROVISION INC
NASDAQ
Scientific & Technical Instruments
$237.66M$1.15-4.56%-$81.79M-2.45x0.32
SVRE
SAVERONE 2014 LTD
NASDAQ
Scientific & Technical Instruments
$8.09M$0.58-3.17%-$32.09M-0.11x1.55
MIND
MIND TECHNOLOGY INC
NASDAQ
Scientific & Technical Instruments
$6.04M$4.30-2.27%$3.13M-1.72x0.48
GNSS
GENASYS INC
NASDAQ
Scientific & Technical Instruments
$77.15M$1.73-8.95%-$14.68M-2.79x0.46
FARO
FARO TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$367.22M$19.12-2.30%-$23.07M-8.54x0.88
COHR
COHERENT CORP
NYSE
Scientific & Technical Instruments
$8.86B$58.13-0.34%$532.28M-20.25x1.22
NOVT
NOVANTA INC
NASDAQ
Scientific & Technical Instruments
$5.85B$163.00-0.94%$156.48M84.46x1.07
SOBR
SOBR SAFE INC
NASDAQ
Scientific & Technical Instruments
$4.82M$0.24-10.74%-$8.84M-0.39x3.60
MKSI
MKS INSTRUMENTS INC
NASDAQ
Scientific & Technical Instruments
$8.62B$128.250.09%-$1.09B-4.81x2.68
WRAP
WRAP TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$72.95M$1.655.10%-$14.38M-4.34x0.54
FCUV
FOCUS UNIVERSAL INC
NASDAQ
Scientific & Technical Instruments
$19.37M$0.303.10%-$4.70M-3.74x1.10
ST
SENSATA TECHNOLOGIES HOLDING PLC
NYSE
Scientific & Technical Instruments
$6.45B$42.770.30%$494.06M-475.22x1.56
KNW
KNOW LABS INC
NYSEMKT
Scientific & Technical Instruments
$55.67M$0.65-7.00%-$14.15M-1.91x-3.82
AWIN
AERWINS TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$4.31M$4.66-9.08%-$25.73M-0.17x-1.06

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 66.04% over the past year, overperforming other scientific & technical instrument stocks by 56 percentage points.

Garmin has an average 1 year price target of $165.17, a downside of -3.38% from Garmin's current stock price of $170.94.

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 lose -0.23% over the past year, underperforming other scientific & technical instrument stocks by -10 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 1.56% from Keysight Technologies's current stock price of $157.30.

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 45, which is 19 points higher than the scientific & technical instrument industry average of 26. It passed 16 out of 38 due diligence checks and has strong fundamentals. Fortive has seen its stock return 18.51% over the past year, overperforming other scientific & technical instrument stocks by 9 percentage points.

Fortive has an average 1 year price target of $90.14, an upside of 16.83% from Fortive's current stock price of $77.16.

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 1.71%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.66%. 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 1.12%, which is the same as the scientific & technical instrument industry average of 0.66%.

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 0.69%, which is the same as the scientific & technical instrument industry average of 0.66%. 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 -3.3% 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 0.32% in the last day, and up 2.23% 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 -22.13% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -32 percentage points.

2. Vontier (NYSE:VNT)


Vontier (NYSE:VNT) is the second 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 36.81% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 27 percentage points.

3. Genasys (NASDAQ:GNSS)


Genasys (NASDAQ:GNSS) is the third most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Genasys 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.

Genasys's stock has dropped -32.68% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -42 percentage points.

Are scientific & technical instrument stocks a good buy now?

47.62% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 4.63% 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 13.63x.
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.