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Sectors & IndustriesTechnologyScientific & 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...
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
GRMN
GARMIN LTD
$32.67B$5.46B$1.48B$1.36B$7.1212.98%9.93%41.83%13.74%2024-07-31
BMI
BADGER METER INC
$5.60B$740.77M$162.77M$102.31M$3.4925.07%11.31%43.03%26.67%
ITRI
ITRON INC
$4.66B$2.28B$281.57M$160.48M$3.5125.77%-0.86%N/A25.22%2024-08-01
SOTK
SONO TEK CORP
$64.74M$21.13M$2.72M$1.72M$0.1044.62%12.49%400.00%N/A
TDY
TELEDYNE TECHNOLOGIES INC
$18.63B$5.60B$1.34B$885.50M$18.761.47%13.68%16.38%14.51%2024-07-24
KEYS
KEYSIGHT TECHNOLOGIES INC
$23.98B$5.17B$1.39B$812.00M$4.62-7.55%4.50%-30.11%26.08%2024-08-15
ELSE
ELECTRO SENSORS INC
$13.44M$8.75M$534.00k$330.00k$0.09-2.07%2.37%200.00%8.45%2024-08-08
ESE
ESCO TECHNOLOGIES INC
$3.04B$988.84M$189.28M$98.33M$3.828.64%8.10%14.03%3.41%2024-08-07
CGNX
COGNEX CORP
$8.54B$847.22M$151.74M$99.64M$0.58-8.39%0.90%-42.57%-14.24%2024-07-31
VNT
VONTIER CORP
$6.14B$3.07B$751.30M$430.90M$2.80-4.30%N/A87.92%N/A2024-08-01
NOVT
NOVANTA INC
$6.19B$893.45M$156.48M$69.29M$1.932.01%7.42%-6.31%3.56%2024-08-06
FTV
FORTIVE CORP
$26.61B$6.13B$1.64B$899.60M$2.563.71%9.46%19.63%-20.42%2024-07-24
VPG
VISHAY PRECISION GROUP INC
$430.26M$346.97M$56.40M$24.63M$1.82-4.62%2.73%-32.34%-1.87%2024-08-06
CPTN
CEPTON INC
$41.24M$13.52M-$41.01M-$40.64M-$2.5782.05%N/AN/AN/A2024-08-05
MLAB
MESA LABORATORIES INC
$584.82M$216.19M-$238.38M-$254.25M-$47.20-1.32%15.95%N/AN/A2024-08-01
LUNA
LUNA INNOVATIONS INC
$91.35M$116.61M$5.03M-$2.12M-$0.0814.31%24.34%N/AN/A2024-08-08
WATT
ENERGOUS CORP
$5.68M$441.51k-$19.12M-$19.31M-$3.62-39.71%-4.52%N/AN/A2024-08-08
BKSY
BLACKSKY TECHNOLOGY INC
$162.98M$100.33M$3.95M-$52.35M-$0.3743.64%N/AN/AN/A2024-08-08
TRMB
TRIMBLE INC
$13.75B$3.80B$768.60M$311.30M$1.263.33%4.09%-30.39%2.20%2024-08-01
SOBR
SOBR SAFE INC
$3.04M$157.41k-$8.84M-$11.64M-$0.6292.70%N/AN/AN/A2024-08-07
MVIS
MICROVISION INC
$233.53M$7.43M-$81.79M-$90.13M-$0.47578.19%-15.52%N/AN/A2024-08-06
GNSS
GENASYS INC
$114.16M$35.06M-$14.68M-$25.15M-$0.62-32.43%2.38%N/AN/A2024-08-08
MKSI
MKS INSTRUMENTS INC
$8.42B$3.70B-$1.09B-$1.78B-$26.672.67%13.24%N/AN/A2024-08-07
COHR
COHERENT CORP
$10.98B$4.60B$532.28M-$414.57M-$2.87-5.03%28.34%N/AN/A2024-08-13
SVRE
SAVERONE 2014 LTD
$4.51M$2.72M-$32.09M-$33.84M-$5.40128.00%N/AN/AN/A2024-08-13
FARO
FARO TECHNOLOGIES INC
$329.19M$358.11M-$23.07M-$42.68M-$2.241.14%-2.40%N/AN/A2024-07-31
ST
SENSATA TECHNOLOGIES HOLDING PLC
$5.86B$4.06B$494.06M-$14.31M-$0.090.27%2.99%N/AN/A2024-07-29
MIND
MIND TECHNOLOGY INC
$6.80M$36.78M$3.59M-$2.32M-$1.7217.82%-4.03%N/AN/A2024-09-11
WRAP
WRAP TECHNOLOGIES INC
$78.70M$9.13M-$14.38M-$15.55M-$0.3832.04%445.50%N/AN/A
FCUV
FOCUS UNIVERSAL INC
$16.39M$1.04M-$4.70M-$4.92M-$0.08139.34%21.35%N/AN/A2024-08-12
KNW
KNOW LABS INC
$34.55M$0.00-$14.15M-$20.70M-$0.34N/A-100.00%N/AN/A2024-08-12

Scientific & Technical Instrument Stocks FAQ

What are the best scientific & technical instrument stocks to buy right now in Jul 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 55, which is 27 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 57.94% over the past year, overperforming other scientific & technical instrument stocks by 53 percentage points.

Garmin has an average 1 year price target of $168.20, a downside of -1.1% from Garmin's current stock price of $170.07.

Garmin stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Garmin, 20% have issued a Strong Buy rating, 0% have issued a Buy, 60% have issued a hold, while 20% have issued a Sell rating, and 0% 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 54, which is 26 points higher than the scientific & technical instrument industry average of 28. It passed 22 out of 38 due diligence checks and has strong fundamentals. Badger Meter has seen its stock return 30.83% over the past year, overperforming other scientific & technical instrument stocks by 26 percentage points.

Badger Meter has an average 1 year price target of $186.00, a downside of -2.39% from Badger Meter's current stock price of $190.56.

Badger Meter stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Badger Meter, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 51, which is 23 points higher than the scientific & technical instrument industry average of 28. It passed 17 out of 33 due diligence checks and has strong fundamentals. Itron has seen its stock return 36.53% over the past year, overperforming other scientific & technical instrument stocks by 32 percentage points.

Itron has an average 1 year price target of $116.11, an upside of 14.23% from Itron's current stock price of $101.65.

Itron stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Itron, 44.44% have issued a Strong Buy rating, 22.22% have issued a Buy, 33.33% 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 7 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 1.73%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.67%. 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 1.23%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.67%.

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 0.7%, which is the same as the scientific & technical instrument industry average of 0.67%. 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 down?

Scientific & technical instrument stocks were down -1.78% in the last day, and down -1.76% over the last week. Saverone 2014 was the among the top losers in the scientific & technical instruments industry, dropping -10.5% yesterday.

Shares of companies within the broader tech sector are trading lower amid overall market weakness. The sector may be trading lower due to ongoing outages.

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 29, which is 16 points higher than the scientific & technical instrument industry average of 13. It passed 2 out of 7 valuation due diligence checks.

Fortive's stock has gained 1.65% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -3 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 29, which is 16 points higher than the scientific & technical instrument industry average of 13. It passed 2 out of 7 valuation due diligence checks.

Mesa Laboratories's stock has dropped -14.14% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -19 percentage points.

3. Teledyne Technologies (NYSE:TDY)


Teledyne Technologies (NYSE:TDY) is the third most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Teledyne Technologies has a valuation score of 29, which is 16 points higher than the scientific & technical instrument industry average of 13. It passed 2 out of 7 valuation due diligence checks.

Teledyne Technologies's stock has dropped -3.38% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -8 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 9.95% 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 13.21x.
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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.