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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
Price
Valuation Score
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
$170.94N/AN/A24.01x28.12x6.00x4.53xN/A$1.35B4.12%$7.25B37.76$31.02B20.89
KEYS
KEYSIGHT TECHNOLOGIES INC
$157.30$92.7469.62%28.70x20.09x5.15x5.70x0.88x$1.19B4.31%$4.82B27.53$27.77B17.79
FTV
FORTIVE CORP
$77.16$41.0488.02%30.14x21.67x4.43x2.59x1.00x$1.34B4.95%$10.48B29.79$30.40B18.59
TDY
TELEDYNE TECHNOLOGIES INC
$406.43$149.01172.75%21.66x20.15x3.43x2.07x3.09x$817.70M4.25%$9.33B197.21$21.61B16.12
BMI
BADGER METER INC
$197.21N/AN/A56.51x70.43x7.81x10.82xN/A$103.20M1.78%$535.57M18.27$5.60B34.39
MLAB
MESA LABORATORIES INC
$122.22$53.36129.05%718.94x12.25x3.10x1.64x0.82x$40.71M6.18%$402.96M74.72$864.00M22.19
SOTK
SONO TEK CORP
$4.95$0.81514.44%70.71xN/A4.19x4.85x4.11x$1.30M1.68%$16.07M1.02$74.96M32.84
CGNX
COGNEX CORP
$47.85$22.23115.21%82.50x31.90x9.70x5.52x0.88x$77.38M0.94%$1.49B8.67$8.15B53.72
ESE
ESCO TECHNOLOGIES INC
$109.08$24.29349.03%28.55xN/A2.84x2.41x11.48x$60.82M2.17%$1.17B45.30$2.98B15.72
VNT
VONTIER CORP
$39.77$45.75-13.08%14.20xN/A2.00x6.23x0.46x$400.10M6.51%$984.90M6.38$8.03B10.69
ITRI
ITRON INC
$109.05N/AN/A31.07x34.08x2.18x3.67xN/A$137.72M2.77%$1.36B29.89$5.19B18.43
VPG
VISHAY PRECISION GROUP INC
$32.41N/AN/A17.81xN/A1.25x1.32xN/A$30.01M6.91%$327.88M24.46$408.11M7.24
ELSE
ELECTRO SENSORS INC
$4.09$0.69494.51%45.44xN/A1.60x1.02x7.38x$411.00k2.93%$13.80M4.02$3.95M7.39
CPTN
CEPTON INC
$2.81N/AN/A-1.09x-0.91x3.30x-1.01xN/A-$32.91M-73.74%-$44.34M-2.79$4.38M-0.11
TRMB
TRIMBLE INC
$57.09$43.8830.09%45.31x19.16x3.73x3.12x0.54x$555.10M3.92%$4.50B18.15$16.98B22.10
LUNA
LUNA INNOVATIONS INC
$3.01N/AN/A-37.63xN/A0.88x1.08xN/A-$15.87M-15.55%$94.61M2.79$136.32M27.11
BKSY
BLACKSKY TECHNOLOGY INC
$1.22N/AN/A-3.30xN/A1.79x2.19xN/A-$47.17M-26.31%$81.71M0.56$255.75M64.73
WATT
ENERGOUS CORP
$1.56N/AN/A-0.43xN/A21.08x1.43xN/A-$19.15M-205.90%$7.16M1.20$537.65k-0.03
MVIS
MICROVISION INC
$1.15N/AN/A-2.45xN/A30.26x2.53xN/A-$75.80M-33.48%$93.80M0.48$207.81M-2.54
SVRE
SAVERONE 2014 LTD
$0.58N/AN/A-0.11xN/A1.34x0.76xN/A-$35.15M-963.86%$10.57M1.68-$555.89k0.02
MIND
MIND TECHNOLOGY INC
$4.30N/AN/A-1.72xN/A0.17x0.27xN/A-$5.26M-86.98%$22.64M16.11$2.08M0.66
GNSS
GENASYS INC
$1.73N/AN/A-2.79xN/A2.18x2.21xN/A-$14.86M-19.42%$34.88M0.79$78.40M-5.34
FARO
FARO TECHNOLOGIES INC
$19.12N/AN/A-8.54xN/A1.02x1.40xN/A$12.74M3.50%$261.98M13.76$375.37M-16.27
COHR
COHERENT CORP
$58.13N/AN/A-20.25x11.70x1.93x1.66xN/A$224.97M2.54%$5.34B35.00$12.12B22.76
NOVT
NOVANTA INC
$163.00$12.351,220.05%84.46xN/A6.55x8.58x32.51x$119.97M2.05%$681.72M18.98$6.32B40.41
SOBR
SOBR SAFE INC
$0.24N/AN/A-0.39xN/A30.13x4.86xN/A-$5.79M-126.14%$992.61k0.05$5.68M-0.64
MKSI
MKS INSTRUMENTS INC
$128.25N/AN/A-4.81x12.83x2.33x3.56xN/A$264.00M3.07%$2.42B36.18$12.72B-11.63
WRAP
WRAP TECHNOLOGIES INC
$1.65N/AN/A-4.34xN/A7.71x3.55xN/A-$16.67M-23.70%$20.57M0.48$68.24M-4.74
FCUV
FOCUS UNIVERSAL INC
$0.30N/AN/A-3.74xN/A18.69x8.20xN/A-$3.60M-18.73%$2.36M0.04$20.86M-4.44
ST
SENSATA TECHNOLOGIES HOLDING PLC
$42.77N/AN/A-475.22x8.54x1.59x2.17xN/A$276.42M4.29%$2.97B19.74$9.39B19.00
KNW
KNOW LABS INC
$0.65N/AN/A-1.91x-5.01xN/A-31.74xN/A-$11.11M-20.89%-$1.75M-0.02$56.42M-3.99
AWIN
AERWINS TECHNOLOGIES INC
$4.66N/AN/A-0.17xN/AN/A-0.23xN/A-$6.58M-240.28%-$18.48M-31.43$7.58M-0.29

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.
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