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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
GRMN
GARMIN LTD
$26.76B$139.52$140.500.70%Buy89.91%-10.33%N/AN/A
FTV
FORTIVE CORP
$27.93B$79.49$87.7510.39%Buy86.18%37.63%N/AN/A
KEYS
KEYSIGHT TECHNOLOGIES INC
$25.33B$145.12$159.7510.08%Buy4-0.66%36.30%N/AN/A
ITRI
ITRON INC
$4.09B$89.68$89.880.22%Buy85.96%35.85%N/AN/A
SOTK
SONO TEK CORP
$63.93M$4.06N/AN/AN/AN/A10.27%N/AN/AN/A
BMI
BADGER METER INC
$5.20B$176.78$177.500.41%Hold25.60%-1.65%N/AN/A
MLAB
MESA LABORATORIES INC
$543.40M$100.74$130.0029.05%Buy111.57%978.94%N/AN/A
CGNX
COGNEX CORP
$6.60B$38.46$49.4028.45%Strong Buy512.63%88.29%N/AN/A
TDY
TELEDYNE TECHNOLOGIES INC
$19.01B$401.36$470.0017.10%Strong Buy24.24%7.04%N/AN/A
ESE
ESCO TECHNOLOGIES INC
$2.60B$100.92N/AN/AN/AN/AN/AN/AN/AN/A
CPTN
CEPTON INC
$43.62M$2.74$2.50-8.76%Hold183.82%N/AN/A-18.74%
ELSE
ELECTRO SENSORS INC
$14.16M$4.13N/AN/AN/AN/AN/AN/AN/AN/A
VPG
VISHAY PRECISION GROUP INC
$445.23M$33.27$41.0023.23%Strong Buy1-2.29%N/AN/AN/A
BKSY
BLACKSKY TECHNOLOGY INC
$174.05M$1.19$2.75131.09%Strong Buy227.57%N/AN/AN/A
NOVT
NOVANTA INC
$5.36B$149.41N/AN/AN/AN/A11.84%N/AN/AN/A
MVIS
MICROVISION INC
$273.37M$1.40$3.00114.29%Hold1N/AN/AN/AN/A
TRMB
TRIMBLE INC
$14.24B$57.97$64.8011.78%Buy5-0.94%93.14%N/AN/A
LUNA
LUNA INNOVATIONS INC
$94.07M$2.77$8.00188.81%Buy118.45%N/AN/AN/A
GNSS
GENASYS INC
$87.61M$1.99$3.5075.88%Strong Buy119.96%N/AN/AN/A
FARO
FARO TECHNOLOGIES INC
$354.92M$18.71$27.0044.31%Buy1N/AN/AN/AN/A
WATT
ENERGOUS CORP
$8.33M$1.37$2.0045.99%Hold1241.64%N/AN/AN/A
SOBR
SOBR SAFE INC
$5.20M$0.26N/AN/AN/AN/AN/AN/AN/AN/A
MKSI
MKS INSTRUMENTS INC
$7.25B$108.17$128.7519.03%Strong Buy44.52%N/AN/AN/A
SVRE
SAVERONE 2014 LTD
$9.46M$0.68N/AN/AN/AN/A-14.85%N/AN/AN/A
COHR
COHERENT CORP
$7.48B$49.26$64.5631.05%Strong Buy96.96%N/AN/AN/A
MSAI
MULTISENSOR AI HOLDINGS INC
$31.45M$2.63$8.00204.18%Strong Buy1165.58%N/AN/AN/A
MIND
MIND TECHNOLOGY INC
$5.89M$4.19N/AN/AN/AN/AN/AN/AN/AN/A
VNT
VONTIER CORP
$6.15B$39.96$45.8314.70%Strong Buy6N/AN/AN/AN/A
ST
SENSATA TECHNOLOGIES HOLDING PLC
$5.07B$33.70$38.5714.45%Hold73.80%N/AN/AN/A
WRAP
WRAP TECHNOLOGIES INC
$88.43M$2.00N/AN/AN/AN/AN/AN/AN/AN/A
FCUV
FOCUS UNIVERSAL INC
$18.14M$0.28N/AN/AN/AN/AN/AN/AN/AN/A
KNW
KNOW LABS INC
$45.80M$0.56$1.0077.62%Buy1N/AN/AN/AN/A
AWIN
AERWINS TECHNOLOGIES INC
$1.99M$3.18N/AN/AN/AN/AN/AN/AN/AN/A

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 42.15% over the past year, overperforming other scientific & technical instrument stocks by 44 percentage points.

Garmin has an average 1 year price target of $140.50, an upside of 0.7% from Garmin's current stock price of $139.52.

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 19.48% over the past year, overperforming other scientific & technical instrument stocks by 22 percentage points.

Fortive has an average 1 year price target of $87.75, an upside of 10.39% from Fortive's current stock price of $79.49.

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 -2.36% over the past year.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 10.08% from Keysight Technologies's current stock price of $145.12.

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 2.09%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.78%. 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 1.42%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.78%.

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 0.81%, which is the same as the scientific & technical instrument industry average of 0.78%. 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 -0.46% in the last day, and down -2.09% over the last week. Luna Innovations was the among the top losers in the scientific & technical instruments industry, dropping -1.07% yesterday.

Luna Innovations shares are trading lower after the company announced the restatement of financial statements due to identified accounting errors relating to revenue recognition.

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 19.48% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 22 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 -39.9% 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 4.98% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 7 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 14.36% 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 -5.76x.
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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.