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	$32.83B	$170.94	$165.17	-3.38%	Hold	6	8.99%	-15.87%	N/A	N/A
KEYS	KEYSIGHT TECHNOLOGIES INC	$27.46B	$157.30	$159.75	1.56%	Buy	4	-0.74%	36.30%	N/A	N/A
FTV	FORTIVE CORP	$27.16B	$77.16	$90.14	16.83%	Buy	7	4.64%	33.46%	N/A	N/A
TDY	TELEDYNE TECHNOLOGIES INC	$19.27B	$406.43	$435.00	7.03%	Buy	3	3.09%	7.01%	N/A	N/A
BMI	BADGER METER INC	$5.80B	$197.21	$177.50	-9.99%	Hold	2	6.81%	-1.65%	N/A	N/A
MLAB	MESA LABORATORIES INC	$659.26M	$122.22	$130.00	6.37%	Buy	1	11.57%	978.94%	N/A	N/A
SOTK	SONO TEK CORP	$77.94M	$4.95	N/A	N/A	N/A	N/A	10.27%	N/A	N/A	N/A
CGNX	COGNEX CORP	$8.21B	$47.85	$48.63	1.62%	Buy	8	13.00%	104.26%	N/A	N/A
ESE	ESCO TECHNOLOGIES INC	$2.81B	$109.08	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
VNT	VONTIER CORP	$6.14B	$39.77	$45.83	15.25%	Strong Buy	6	N/A	N/A	N/A	N/A
ITRI	ITRON INC	$5.00B	$109.05	$105.11	-3.61%	Buy	9	4.47%	-9.75%	N/A	N/A
VPG	VISHAY PRECISION GROUP INC	$432.80M	$32.41	$36.00	11.08%	Hold	1	-9.26%	N/A	N/A	N/A
ELSE	ELECTRO SENSORS INC	$14.02M	$4.09	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CPTN	CEPTON INC	$44.74M	$2.81	$2.50	-11.03%	Hold	1	77.55%	N/A	N/A	-20.29%
TRMB	TRIMBLE INC	$14.03B	$57.09	$69.00	20.86%	Buy	6	-0.74%	93.14%	N/A	N/A
LUNA	LUNA INNOVATIONS INC	$102.22M	$3.01	$8.00	165.78%	Buy	1	18.36%	N/A	N/A	N/A
BKSY	BLACKSKY TECHNOLOGY INC	$179.13M	$1.22	$2.75	125.41%	Strong Buy	2	21.52%	N/A	N/A	N/A
WATT	ENERGOUS CORP	$10.20M	$1.56	$2.25	44.23%	Strong Buy	2	76.67%	N/A	N/A	N/A
MVIS	MICROVISION INC	$237.66M	$1.15	$3.00	160.87%	Hold	1	N/A	N/A	N/A	N/A
SVRE	SAVERONE 2014 LTD	$8.09M	$0.58	N/A	N/A	N/A	N/A	-14.85%	N/A	N/A	N/A
MIND	MIND TECHNOLOGY INC	$6.04M	$4.30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GNSS	GENASYS INC	$77.15M	$1.73	N/A	N/A	N/A	N/A	-0.17%	N/A	N/A	N/A
FARO	FARO TECHNOLOGIES INC	$367.22M	$19.12	$27.00	41.21%	Buy	1	N/A	N/A	N/A	N/A
COHR	COHERENT CORP	$8.86B	$58.13	$64.56	11.05%	Strong Buy	9	8.46%	N/A	N/A	N/A
NOVT	NOVANTA INC	$5.85B	$163.00	N/A	N/A	N/A	N/A	9.94%	N/A	N/A	N/A
SOBR	SOBR SAFE INC	$4.82M	$0.24	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MKSI	MKS INSTRUMENTS INC	$8.62B	$128.25	$136.75	6.63%	Strong Buy	4	3.35%	N/A	N/A	N/A
WRAP	WRAP TECHNOLOGIES INC	$72.95M	$1.65	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCUV	FOCUS UNIVERSAL INC	$19.37M	$0.30	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ST	SENSATA TECHNOLOGIES HOLDING PLC	$6.45B	$42.77	$43.78	2.36%	Hold	9	3.20%	N/A	N/A	N/A
KNW	KNOW LABS INC	$55.67M	$0.65	$1.00	53.61%	Buy	1	N/A	N/A	N/A	N/A
AWIN	AERWINS TECHNOLOGIES INC	$4.31M	$4.66	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 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.

Scientific & Technical Instrument Stocks FAQ

1. Garmin (NYSE:GRMN)

2. Keysight Technologies (NYSE:KEYS)

3. Fortive (NYSE:FTV)

1. Garmin (NYSE:GRMN)

2. Sensata Technologies Holding (NYSE:ST)

3. Mks Instruments (NASDAQ:MKSI)

1. Mesa Laboratories (NASDAQ:MLAB)

2. Vontier (NYSE:VNT)

3. Genasys (NASDAQ:GNSS)

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