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...

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
GRMN	GARMIN LTD	$142.79	N/A	N/A	21.19x	23.49x	5.24x	3.91x	N/A	$1.18B	4.32%	$7.01B	36.56	$25.80B	18.73
FTV	FORTIVE CORP	$76.05	$41.04	85.32%	29.71x	21.36x	4.36x	2.56x	0.99x	$1.34B	5.03%	$10.48B	29.79	$30.01B	18.35
KEYS	KEYSIGHT TECHNOLOGIES INC	$146.60	$92.74	58.08%	26.75x	18.72x	4.80x	5.31x	0.82x	$1.19B	4.63%	$4.82B	27.53	$25.90B	16.59
BMI	BADGER METER INC	$183.14	N/A	N/A	52.48x	65.41x	7.25x	10.05x	N/A	$103.20M	1.92%	$535.57M	18.27	$5.18B	31.85
ITRI	ITRON INC	$94.42	$38.42	145.78%	44.33x	29.51x	1.97x	3.28x	1.24x	$98.09M	2.29%	$1.31B	28.86	$4.49B	21.73
SOTK	SONO TEK CORP	$4.23	$0.81	425.07%	60.43x	N/A	3.58x	4.15x	3.51x	$1.30M	1.96%	$16.07M	1.02	$63.62M	27.87
MLAB	MESA LABORATORIES INC	$104.47	$53.36	95.79%	614.53x	10.47x	2.65x	1.40x	0.70x	$40.71M	7.23%	$402.96M	74.72	$768.26M	19.73
CGNX	COGNEX CORP	$39.53	$21.98	79.85%	59.89x	26.35x	8.13x	4.51x	0.75x	$89.84M	1.32%	$1.50B	8.74	$6.66B	42.36
TDY	TELEDYNE TECHNOLOGIES INC	$362.50	$144.88	150.22%	19.28x	17.97x	3.03x	1.86x	3.04x	$721.20M	4.22%	$9.22B	195.78	$19.77B	14.63
ESE	ESCO TECHNOLOGIES INC	$104.28	$24.00	334.42%	28.89x	N/A	2.78x	2.33x	8.71x	$56.67M	2.11%	$1.15B	44.74	$2.85B	15.74
VPG	VISHAY PRECISION GROUP INC	$33.22	$11.07	200.21%	17.58x	N/A	1.27x	1.35x	16.80x	$30.78M	6.82%	$329.84M	24.30	$419.09M	7.27
CPTN	CEPTON INC	$2.87	N/A	N/A	-0.93x	-0.93x	3.47x	-1.19x	N/A	-$36.78M	-81.22%	-$38.37M	-2.43	$4.60M	-0.09
ELSE	ELECTRO SENSORS INC	$4.13	$0.59	598.45%	51.63x	N/A	1.65x	1.03x	9.50x	$60.00k	0.44%	$13.76M	4.01	$4.29M	9.06
BKSY	BLACKSKY TECHNOLOGY INC	$1.28	N/A	N/A	-3.20x	N/A	1.98x	2.01x	N/A	-$61.11M	-32.66%	$93.16M	0.64	$240.33M	553.74
NOVT	NOVANTA INC	$157.81	$14.67	975.63%	77.74x	N/A	6.42x	8.40x	15.65x	$100.18M	1.77%	$673.46M	18.79	$5.95B	38.11
MVIS	MICROVISION INC	$1.43	N/A	N/A	-3.18x	N/A	35.75x	2.91x	N/A	-$69.03M	-26.43%	$95.80M	0.52	$245.84M	-3.33
TRMB	TRIMBLE INC	$59.51	$43.88	35.61%	47.23x	19.97x	3.88x	3.25x	0.56x	$555.10M	3.76%	$4.50B	18.15	$17.58B	22.87
LUNA	LUNA INNOVATIONS INC	$2.05	N/A	N/A	-25.63x	N/A	0.60x	0.74x	N/A	-$15.87M	-22.83%	$94.61M	2.79	$103.72M	20.62
GNSS	GENASYS INC	$2.10	N/A	N/A	-3.82x	N/A	2.27x	2.28x	N/A	-$10.76M	-11.71%	$40.55M	0.93	$92.74M	-8.26
FARO	FARO TECHNOLOGIES INC	$18.62	N/A	N/A	-6.23x	N/A	0.98x	1.31x	N/A	-$12.92M	-3.67%	$268.61M	14.20	$365.45M	-10.34
WATT	ENERGOUS CORP	$1.40	N/A	N/A	-0.34x	N/A	13.73x	0.74x	N/A	-$19.44M	-297.71%	$11.50M	2.47	-$4.16M	0.22
SOBR	SOBR SAFE INC	$0.30	N/A	N/A	-0.54x	N/A	33.56x	2.97x	N/A	-$5.93M	-108.28%	$2.04M	0.11	$5.93M	-0.66
SVRE	SAVERONE 2014 LTD	$0.68	N/A	N/A	-0.13x	N/A	1.56x	0.89x	N/A	-$35.15M	-828.40%	$10.57M	1.68	$766.11k	-0.02
MKSI	MKS INSTRUMENTS INC	$113.78	N/A	N/A	-4.13x	11.38x	2.10x	3.09x	N/A	$235.00M	3.09%	$2.47B	37.01	$11.75B	-10.00
COHR	COHERENT CORP	$52.10	N/A	N/A	-18.48x	10.48x	1.71x	1.45x	N/A	$256.06M	3.24%	$5.47B	36.04	$11.27B	19.41
MSAI	MULTISENSOR AI HOLDINGS INC	$2.64	N/A	N/A	-0.74x	N/A	3.04x	-117.78x	N/A	-$6.06M	-36.70%	-$268.00k	-0.04	$37.64M	-1.78
MIND	MIND TECHNOLOGY INC	$4.26	N/A	N/A	-1.34x	N/A	0.15x	0.28x	N/A	-$6.14M	-102.56%	$21.20M	15.08	$1.94M	0.84
VNT	VONTIER CORP	$40.31	$14.08	186.34%	16.59x	N/A	2.02x	6.97x	19.06x	$399.40M	6.39%	$890.40M	5.74	$8.21B	11.69
ST	SENSATA TECHNOLOGIES HOLDING PLC	$34.42	N/A	N/A	-1,147.33x	6.87x	1.28x	1.73x	N/A	$272.07M	5.25%	$3.00B	19.91	$8.07B	15.92
WRAP	WRAP TECHNOLOGIES INC	$1.97	N/A	N/A	-5.18x	N/A	9.21x	4.23x	N/A	-$16.67M	-19.85%	$20.57M	0.48	$82.39M	-5.73
FCUV	FOCUS UNIVERSAL INC	$0.28	N/A	N/A	-3.50x	N/A	16.47x	5.12x	N/A	-$3.55M	-21.07%	$3.55M	0.06	$18.80M	-4.17
KNW	KNOW LABS INC	$0.62	N/A	N/A	-1.67x	-4.76x	N/A	41.08x	N/A	-$10.91M	-21.81%	$1.23M	0.02	$48.40M	-3.39
AWIN	AERWINS TECHNOLOGIES INC	$2.78	N/A	N/A	-0.05x	N/A	0.55x	-0.12x	N/A	-$13.43M	-772.30%	-$14.96M	-23.92	$8.47M	-0.35

Scientific & Technical Instrument Stocks FAQ

What are the best scientific & technical instrument stocks to buy right now in Apr 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 56, which is 28 points higher than the scientific & technical instrument industry average of 28. It passed 20 out of 38 due diligence checks and has strong fundamentals. Garmin has seen its stock return 46.15% over the past year, overperforming other scientific & technical instrument stocks by 49 percentage points.

Garmin has an average 1 year price target of $140.50, a downside of -1.6% from Garmin's current stock price of $142.79.

Garmin stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Garmin, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Fortive (NYSE:FTV)

Fortive (NYSE:FTV) is the second best scientific & technical instrument stock with a Zen Score of 53, which is 25 points higher than the scientific & technical instrument industry average of 28. It passed 19 out of 38 due diligence checks and has strong fundamentals. Fortive has seen its stock return 13.73% over the past year, overperforming other scientific & technical instrument stocks by 17 percentage points.

Fortive has an average 1 year price target of $87.75, an upside of 15.38% from Fortive's current stock price of $76.05.

Fortive stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Fortive, 37.5% have issued a Strong Buy rating, 0% have issued a Buy, 62.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Keysight Technologies (NYSE:KEYS)

Keysight Technologies (NYSE:KEYS) is the third best scientific & technical instrument stock with a Zen Score of 52, which is 24 points higher than the scientific & technical instrument industry average of 28. It passed 17 out of 33 due diligence checks and has strong fundamentals. Keysight Technologies has seen its stock lose -0.16% over the past year, overperforming other scientific & technical instrument stocks by 3 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 8.97% from Keysight Technologies's current stock price of $146.60.

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.

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 2.04%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.77%. 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 43.3% 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 1.39%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.77%.

Sensata Technologies Holding's dividend payout ratio of -1,600% 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 0.77%, which is the same as the scientific & technical instrument industry average of 0.77%. 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 down?

Scientific & technical instrument stocks were down -3.11% in the last day, and up 0.31% over the last week. Aerwins Technologies was the among the top losers in the scientific & technical instruments industry, dropping -16.52% yesterday.

AERWINS Technologies shares are trading lower. The company announced additional staff determination.

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. Fortive (NYSE:FTV)

Fortive (NYSE:FTV) is the most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Fortive has a valuation score of 57, which is 34 points higher than the scientific & technical instrument industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Fortive's stock has gained 13.73% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 17 percentage points.

2. Mesa Laboratories (NASDAQ:MLAB)

Mesa Laboratories (NASDAQ:MLAB) is the second most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Mesa Laboratories has a valuation score of 57, which is 34 points higher than the scientific & technical instrument industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Mesa Laboratories's stock has dropped -41.52% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -38 percentage points.

3. Esco Technologies (NYSE:ESE)

Esco Technologies (NYSE:ESE) is the third most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Esco Technologies has a valuation score of 43, which is 20 points higher than the scientific & technical instrument industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Esco Technologies's stock has gained 6.79% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 10 percentage points.

Are scientific & technical instrument stocks a good buy now?

39.13% of scientific & technical instrument stocks rated by analysts are a strong buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 15.35% 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 -7.16x.

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. Fortive (NYSE:FTV)

3. Keysight Technologies (NYSE:KEYS)

1. Garmin (NYSE:GRMN)

2. Sensata Technologies Holding (NYSE:ST)

3. Mks Instruments (NASDAQ:MKSI)

1. Fortive (NYSE:FTV)

2. Mesa Laboratories (NASDAQ:MLAB)

3. Esco Technologies (NYSE:ESE)

Company

Stock Tools

Stock Ideas