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...

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
GRMN	GARMIN LTD	$31.89B	$165.89	$168.25	1.42%	Hold	4	6.75%	-4.05%	19.53%	15.40%
BMI	BADGER METER INC	$6.65B	$226.20	$207.25	-8.38%	Buy	4	7.23%	10.38%	29.46%	21.23%
ITRI	ITRON INC	$4.87B	$108.30	$118.80	9.70%	Buy	10	3.47%	9.58%	25.30%	9.55%
TDY	TELEDYNE TECHNOLOGIES INC	$21.24B	$454.08	$450.50	-0.79%	Strong Buy	4	3.47%	7.97%	N/A	N/A
FTV	FORTIVE CORP	$27.33B	$78.02	$89.10	14.20%	Strong Buy	10	3.37%	28.46%	15.15%	9.20%
ESE	ESCO TECHNOLOGIES INC	$3.22B	$124.85	$145.00	16.14%	Strong Buy	1	N/A	27.58%	10.68%	7.04%
SOTK	SONO TEK CORP	$63.79M	$4.05	N/A	N/A	N/A	N/A	3.94%	-11.21%	6.62%	4.68%
ELSE	ELECTRO SENSORS INC	$13.20M	$3.85	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
KEYS	KEYSIGHT TECHNOLOGIES INC	$27.60B	$159.01	$168.00	5.65%	Buy	8	1.90%	9.61%	24.36%	13.66%
MKSI	MKS INSTRUMENTS INC	$7.36B	$109.40	$142.30	30.07%	Strong Buy	10	2.99%	614.68%	25.75%	6.49%
VPG	VISHAY PRECISION GROUP INC	$329.12M	$24.83	$31.00	24.85%	Hold	1	-8.54%	-28.39%	5.23%	3.69%
CGNX	COGNEX CORP	$6.78B	$39.53	$47.33	19.74%	Buy	9	10.22%	27.02%	12.86%	9.67%
NOVT	NOVANTA INC	$6.28B	$175.02	$175.00	-0.01%	Hold	1	8.19%	90.75%	20.71%	10.40%
VNT	VONTIER CORP	$5.30B	$34.51	$42.00	21.70%	Buy	3	N/A	9.92%	48.86%	11.72%
CPTN	CEPTON INC	$50.54M	$3.15	N/A	N/A	N/A	N/A	13.43%	N/A	N/A	-24.28%
BKSY	BLACKSKY TECHNOLOGY INC	$116.52M	$6.26	$13.33	112.99%	Buy	3	16.58%	N/A	-0.24%	-0.08%
LUNA	LUNA INNOVATIONS INC	$64.52M	$1.90	$8.00	321.05%	Buy	1	18.36%	N/A	N/A	N/A
ST	SENSATA TECHNOLOGIES HOLDING PLC	$5.43B	$35.96	$44.89	24.83%	Hold	9	0.84%	637.35%	20.10%	7.39%
MLAB	MESA LABORATORIES INC	$682.53M	$126.18	$140.00	10.95%	Sell	2	5.73%	N/A	29.75%	10.18%
TRMB	TRIMBLE INC	$15.48B	$63.01	$68.40	8.55%	Buy	5	-0.49%	39.55%	14.41%	6.80%
COHR	COHERENT CORP	$16.04B	$104.62	$83.67	-20.03%	Strong Buy	12	12.13%	N/A	12.21%	4.39%
GNSS	GENASYS INC	$168.16M	$3.77	$5.08	34.83%	Strong Buy	3	82.06%	N/A	26.63%	12.76%
WATT	ENERGOUS CORP	$4.04M	$0.60	$2.25	278.15%	Strong Buy	2	110.60%	N/A	-537.63%	-225.17%
MIND	MIND TECHNOLOGY INC	$5.26M	$3.75	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SOBR	SOBR SAFE INC	$20.70M	$6.55	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FARO	FARO TECHNOLOGIES INC	$356.20M	$18.27	$24.00	31.36%	Buy	1	N/A	N/A	N/A	N/A
MVIS	MICROVISION INC	$274.45M	$1.29	$3.00	132.56%	Hold	1	N/A	N/A	-132.45%	-100.80%
SVRE	SAVERONE 2014 LTD	$2.75M	$0.14	N/A	N/A	N/A	N/A	-65.86%	N/A	-145.12%	-63.36%
WRAP	WRAP TECHNOLOGIES INC	$72.01M	$1.57	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
KNW	KNOW LABS INC	$22.81M	$0.23	$1.00	336.68%	Buy	1	N/A	N/A	N/A	N/A
FCUV	FOCUS UNIVERSAL INC	$13.75M	$0.21	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Scientific & Technical Instrument Stocks FAQ

What are the best scientific & technical instrument stocks to buy right now in Oct 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 58, which is 29 points higher than the scientific & technical instrument industry average of 29. It passed 21 out of 38 due diligence checks and has strong fundamentals. Garmin has seen its stock return 52.57% over the past year, overperforming other scientific & technical instrument stocks by 28 percentage points.

Garmin has an average 1 year price target of $168.25, an upside of 1.42% from Garmin's current stock price of $165.89.

Garmin stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Garmin, 25% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a hold, while 25% have issued a Sell rating, and 25% have issued a Strong Sell.

2. Badger Meter (NYSE:BMI)

Badger Meter (NYSE:BMI) is the second best scientific & technical instrument stock with a Zen Score of 57, which is 28 points higher than the scientific & technical instrument industry average of 29. It passed 23 out of 38 due diligence checks and has strong fundamentals. Badger Meter has seen its stock return 60.05% over the past year, overperforming other scientific & technical instrument stocks by 36 percentage points.

Badger Meter has an average 1 year price target of $207.25, a downside of -8.38% from Badger Meter's current stock price of $226.20.

Badger Meter stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Badger Meter, 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. Itron (NASDAQ:ITRI)

Itron (NASDAQ:ITRI) is the third best scientific & technical instrument stock with a Zen Score of 49, which is 20 points higher than the scientific & technical instrument industry average of 29. It passed 16 out of 33 due diligence checks and has strong fundamentals. Itron has seen its stock return 84.43% over the past year, overperforming other scientific & technical instrument stocks by 60 percentage points.

Itron has an average 1 year price target of $118.80, an upside of 9.7% from Itron's current stock price of $108.30.

Itron stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Itron, 50% have issued a Strong Buy rating, 20% have issued a Buy, 30% 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 1.78%, 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 40.9% 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 1.33%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.78%.

Sensata Technologies Holding's dividend payout ratio of 685.7% 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 0.8%, 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 628.6% 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 1.77% in the last day, and up 1.48% over the last week. Coherent was the among the top gainers in the scientific & technical instruments industry, gaining 5.64% yesterday.

Coherent shares are trading higher after Needham maintained a Buy rating on the stock and raised its price target from $84 to $120. The company last week announced a new CFO.

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. Mks Instruments (NASDAQ:MKSI)

Mks Instruments (NASDAQ:MKSI) is the most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Mks Instruments has a valuation score of 43, which is 25 points higher than the scientific & technical instrument industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Mks Instruments's stock has gained 30.25% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 6 percentage points.

2. Teledyne Technologies (NYSE:TDY)

Teledyne Technologies (NYSE:TDY) is the second most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Teledyne Technologies has a valuation score of 43, which is 25 points higher than the scientific & technical instrument industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Teledyne Technologies's stock has gained 10.06% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -14 percentage points.

3. Vishay Precision Group (NYSE:VPG)

Vishay Precision Group (NYSE:VPG) is the third most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Vishay Precision Group has a valuation score of 43, which is 25 points higher than the scientific & technical instrument industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Vishay Precision Group's stock has dropped -25.97% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -50 percentage points.

Are scientific & technical instrument stocks a good buy now?

43.48% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 5.65% 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 70.55x.

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. Badger Meter (NYSE:BMI)

3. Itron (NASDAQ:ITRI)

1. Garmin (NYSE:GRMN)

2. Sensata Technologies Holding (NYSE:ST)

3. Mks Instruments (NASDAQ:MKSI)

1. Mks Instruments (NASDAQ:MKSI)

2. Teledyne Technologies (NYSE:TDY)

3. Vishay Precision Group (NYSE:VPG)

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