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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
$27.51B$143.45$140.50-2.06%Buy89.91%-10.33%N/AN/A
FTV
FORTIVE CORP
$26.74B$75.97$90.1418.66%Buy75.63%33.46%N/AN/A
KEYS
KEYSIGHT TECHNOLOGIES INC
$25.93B$148.55$159.757.54%Buy4-0.66%36.30%N/AN/A
BMI
BADGER METER INC
$5.45B$185.52$177.50-4.32%Hold26.81%-1.65%N/AN/A
SOTK
SONO TEK CORP
$69.91M$4.44N/AN/AN/AN/A10.27%N/AN/AN/A
MLAB
MESA LABORATORIES INC
$556.61M$103.19$130.0025.98%Buy111.57%978.94%N/AN/A
ITRI
ITRON INC
$4.36B$95.75$92.38-3.52%Buy85.96%35.85%N/AN/A
TDY
TELEDYNE TECHNOLOGIES INC
$17.75B$374.64$435.0016.11%Buy34.24%7.04%N/AN/A
CGNX
COGNEX CORP
$6.97B$40.61$49.4021.64%Strong Buy512.63%88.29%N/AN/A
ESE
ESCO TECHNOLOGIES INC
$2.72B$105.34N/AN/AN/AN/AN/AN/AN/AN/A
VPG
VISHAY PRECISION GROUP INC
$447.11M$33.41$41.0022.72%Strong Buy1-2.29%N/AN/AN/A
ELSE
ELECTRO SENSORS INC
$14.21M$4.15N/AN/AN/AN/AN/AN/AN/AN/A
CPTN
CEPTON INC
$46.33M$2.91$2.50-14.09%Hold183.82%N/AN/A-18.74%
BKSY
BLACKSKY TECHNOLOGY INC
$184.29M$1.26$2.75118.25%Strong Buy227.57%N/AN/AN/A
NOVT
NOVANTA INC
$5.71B$159.41N/AN/AN/AN/A11.84%N/AN/AN/A
MVIS
MICROVISION INC
$292.90M$1.50$3.00100.00%Hold1N/AN/AN/AN/A
TRMB
TRIMBLE INC
$14.78B$60.15$64.807.73%Buy5-0.94%93.14%N/AN/A
LUNA
LUNA INNOVATIONS INC
$67.58M$1.99$8.00302.01%Buy118.45%N/AN/AN/A
GNSS
GENASYS INC
$95.54M$2.17$3.5061.29%Strong Buy119.96%N/AN/AN/A
WATT
ENERGOUS CORP
$8.27M$1.36$2.0047.06%Hold1241.64%N/AN/AN/A
SOBR
SOBR SAFE INC
$5.66M$0.28N/AN/AN/AN/AN/AN/AN/AN/A
FARO
FARO TECHNOLOGIES INC
$358.90M$18.92$27.0042.71%Buy1N/AN/AN/AN/A
SVRE
SAVERONE 2014 LTD
$9.13M$0.66N/AN/AN/AN/A-14.85%N/AN/AN/A
COHR
COHERENT CORP
$8.36B$55.06$64.5617.25%Strong Buy96.96%N/AN/AN/A
MSAI
MULTISENSOR AI HOLDINGS INC
$32.64M$2.73$8.00193.04%Strong Buy1165.58%N/AN/AN/A
MIND
MIND TECHNOLOGY INC
$5.83M$4.15N/AN/AN/AN/AN/AN/AN/AN/A
VNT
VONTIER CORP
$6.34B$41.22$45.8311.19%Strong Buy6N/AN/AN/AN/A
MKSI
MKS INSTRUMENTS INC
$8.10B$120.75$128.756.63%Strong Buy44.52%N/AN/AN/A
ST
SENSATA TECHNOLOGIES HOLDING PLC
$5.26B$34.98$38.5710.27%Hold73.80%N/AN/AN/A
WRAP
WRAP TECHNOLOGIES INC
$81.35M$1.84N/AN/AN/AN/AN/AN/AN/AN/A
FCUV
FOCUS UNIVERSAL INC
$20.86M$0.32N/AN/AN/AN/AN/AN/AN/AN/A
KNW
KNOW LABS INC
$52.63M$0.65$1.0054.56%Buy1N/AN/AN/AN/A
AWIN
AERWINS TECHNOLOGIES INC
$1.87M$2.99N/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 50.68% over the past year, overperforming other scientific & technical instrument stocks by 47 percentage points.

Garmin has an average 1 year price target of $140.50, a downside of -2.06% from Garmin's current stock price of $143.45.

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 20.47% over the past year, overperforming other scientific & technical instrument stocks by 17 percentage points.

Fortive has an average 1 year price target of $90.14, an upside of 18.66% from Fortive's current stock price of $75.97.

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.

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 return 5.17% over the past year, overperforming other scientific & technical instrument stocks by 2 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 7.54% from Keysight Technologies's current stock price of $148.55.

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 0.75%. 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 1.37%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.75%.

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 0.73%, which is the same as the scientific & technical instrument industry average of 0.75%. 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 up?

Scientific & technical instrument stocks were up 1.03% in the last day, and up 1.91% over the last week. Focus Universal was the among the top gainers in the scientific & technical instruments industry, gaining 13.78% yesterday.

Focus Universal shares are trading higher after the company announced board approval for the spin-off of Lusher.

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 71, which is 49 points higher than the scientific & technical instrument industry average of 22. It passed 5 out of 7 valuation due diligence checks.

Mesa Laboratories's stock has dropped -35.9% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -39 percentage points.

2. Fortive (NYSE:FTV)


Fortive (NYSE:FTV) is the second most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Fortive has a valuation score of 57, which is 35 points higher than the scientific & technical instrument industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Fortive's stock has gained 20.47% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 17 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 21 points higher than the scientific & technical instrument industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Esco Technologies's stock has gained 14.52% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 11 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 10.94% 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 -7.72x.
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