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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
GRMN
GARMIN LTD
$32.83B20.40%16.50%17.37%27.80%0.194.0457.70%25.00%23.90%
KEYS
KEYSIGHT TECHNOLOGIES INC
$27.46B20.30%11.00%19.21%28.30%0.881.9364.80%18.10%24.97%
FTV
FORTIVE CORP
$27.16B8.80%5.50%7.31%29.40%0.671.5059.60%14.70%18.83%
TDY
TELEDYNE TECHNOLOGIES INC
$19.27B9.90%6.20%7.99%20.20%0.571.8143.30%15.80%18.35%
BMI
BADGER METER INC
$5.80B20.30%14.60%21.96%57.60%0.393.4839.30%13.80%18.03%
MLAB
MESA LABORATORIES INC
$659.26M0.20%0.10%0.66%1.70%0.842.6861.00%0.40%2.16%
SOTK
SONO TEK CORP
$77.94M8.90%6.30%10.64%14.70%0.412.8350.20%7.30%9.20%
CGNX
COGNEX CORP
$8.21B6.70%5.00%6.94%9.70%0.353.5270.80%11.80%14.95%
ESE
ESCO TECHNOLOGIES INC
$2.81B8.60%5.70%9.10%21.20%0.532.1539.50%9.90%13.76%
VNT
VONTIER CORP
$6.14B51.70%10.10%18.19%20.00%3.361.5747.20%14.00%20.36%
ITRI
ITRON INC
$5.00B12.50%6.20%10.07%18.70%0.951.9033.40%7.00%9.25%
VPG
VISHAY PRECISION GROUP INC
$432.80M7.60%5.20%10.88%13.70%0.422.6442.70%7.10%11.75%
ELSE
ELECTRO SENSORS INC
$14.02M2.40%2.30%3.19%7.00%0.0517.8449.20%3.80%5.03%
CPTN
CEPTON INC
$44.74MN/A-50.10%-68.56%-110.10%-0.367.5329.90%-300.60%-318.91%
TRMB
TRIMBLE INC
$14.03B7.10%3.40%6.72%13.10%1.121.0061.40%8.20%13.64%
LUNA
LUNA INNOVATIONS INC
$102.22M-2.30%-1.40%-0.40%-0.50%0.752.8659.00%-1.80%-0.45%
BKSY
BLACKSKY TECHNOLOGY INC
$179.13M-58.90%-23.90%-21.59%-17.20%1.574.0265.80%-52.20%-41.50%
WATT
ENERGOUS CORP
$10.20M-149.70%-106.00%-256.65%4,691.50%0.832.1043.50%-4,374.40%-4,374.38%
MVIS
MICROVISION INC
$237.66M-90.00%-67.00%-83.56%-153.90%0.324.6452.80%-1,212.50%-1,196.41%
SVRE
SAVERONE 2014 LTD
$8.09M-182.30%-110.20%-267.65%-517.40%1.551.6427.60%-1,243.90%-1,199.12%
MIND
MIND TECHNOLOGY INC
$6.04M-15.90%-10.70%6.94%8.40%0.482.7643.70%-9.60%4.42%
GNSS
GENASYS INC
$77.15M-65.80%-46.10%-46.52%-84.80%0.461.8744.70%-71.70%-51.88%
FARO
FARO TECHNOLOGIES INC
$367.22M-16.10%-8.60%-9.82%-15.40%0.882.3547.10%-11.90%-10.51%
COHR
COHERENT CORP
$8.86B-8.00%-2.90%-0.66%-1.10%1.222.7129.70%-9.00%-1.90%
NOVT
NOVANTA INC
$5.85B10.60%5.50%8.63%13.40%1.072.8345.10%7.80%12.16%
SOBR
SOBR SAFE INC
$4.82M-356.70%-168.20%-834.24%-560.40%3.600.5543.00%-7,394.90%-5,912.65%
MKSI
MKS INSTRUMENTS INC
$8.62B-72.30%-19.60%-17.93%-20.10%2.683.6946.60%-48.30%-39.84%
WRAP
WRAP TECHNOLOGIES INC
$72.95M-68.40%-51.70%-73.63%-125.20%0.542.3953.60%-170.30%-168.18%
FCUV
FOCUS UNIVERSAL INC
$19.37M-120.00%-85.90%-199.96%-109.70%1.100.283.70%-475.20%-466.79%
ST
SENSATA TECHNOLOGIES HOLDING PLC
$6.45B-0.50%-0.20%2.74%3.40%1.562.6430.80%-0.40%4.60%
KNW
KNOW LABS INC
$55.67M-2,105.90%-365.40%11,715.57%2,629.60%-3.820.93N/AN/AN/A
AWIN
AERWINS TECHNOLOGIES INC
$4.31MN/A-470.10%214.95%4,444.90%-1.060.08N/AN/AN/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 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.