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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
$27.38B$5.23B$1.38B$1.29B$6.747.57%9.33%33.20%12.87%2024-05-01
FTV
FORTIVE CORP
$26.77B$6.13B$1.64B$899.60M$2.563.71%9.46%19.63%-20.42%
KEYS
KEYSIGHT TECHNOLOGIES INC
$25.59B$5.34B$1.56B$969.00M$5.48-3.77%5.71%-14.91%41.09%2024-05-14
BMI
BADGER METER INC
$5.38B$740.77M$162.77M$102.31M$3.4925.07%11.31%43.03%26.67%
ITRI
ITRON INC
$4.30B$2.17B$206.56M$96.92M$2.1321.06%-1.77%N/AN/A2024-05-02
SOTK
SONO TEK CORP
$66.60M$18.59M$2.28M$1.35M$0.0713.35%9.95%0.00%N/A2024-05-23
MLAB
MESA LABORATORIES INC
$563.52M$212.87M$38.93M$948.00k$0.17-4.27%15.50%N/A-42.57%2024-05-24
CGNX
COGNEX CORP
$6.78B$837.55M$157.23M$113.23M$0.66-16.75%0.76%-46.77%-12.27%2024-05-02
TDY
TELEDYNE TECHNOLOGIES INC
$17.17B$5.64B$1.35B$885.70M$18.803.24%14.20%11.57%15.07%
ESE
ESCO TECHNOLOGIES INC
$2.69B$968.85M$180.89M$92.99M$3.619.35%7.54%9.39%4.55%2024-05-09
ELSE
ELECTRO SENSORS INC
$14.16M$8.56M$473.00k$275.00k$0.08-5.25%2.68%166.67%N/A2024-05-10
CPTN
CEPTON INC
$45.69M$13.06M-$49.23M-$48.55M-$3.0875.81%N/AN/AN/A2024-05-07
VPG
VISHAY PRECISION GROUP INC
$444.57M$355.05M$57.66M$25.71M$1.89-2.08%3.44%-28.68%1.44%2024-05-07
BKSY
BLACKSKY TECHNOLOGY INC
$187.22M$94.49M$434.00k-$53.86M-$0.4044.59%N/AN/AN/A2024-05-08
NOVT
NOVANTA INC
$5.66B$881.66M$156.18M$72.88M$2.032.41%7.49%-2.40%6.81%2024-05-07
MVIS
MICROVISION INC
$279.23M$7.26M-$73.83M-$82.84M-$0.45993.22%-16.24%N/AN/A2024-05-07
TRMB
TRIMBLE INC
$14.62B$3.80B$768.60M$311.30M$1.263.33%4.09%-30.39%2.20%2024-05-03
LUNA
LUNA INNOVATIONS INC
$69.62M$116.61M$5.03M-$2.12M-$0.0814.31%24.34%N/AN/A2024-05-07
GNSS
GENASYS INC
$92.46M$40.54M-$11.23M-$21.61M-$0.55-24.72%7.03%N/AN/A2024-05-06
FARO
FARO TECHNOLOGIES INC
$353.21M$358.83M-$35.34M-$56.58M-$2.993.78%-2.33%N/AN/A2024-05-01
WATT
ENERGOUS CORP
$8.52M$474.18k-$19.18M-$19.37M-$4.15-44.30%-1.63%N/AN/A2024-05-08
SOBR
SOBR SAFE INC
$6.04M$157.29k-$8.97M-$10.21M-$0.56345.31%N/AN/AN/A2024-05-13
SVRE
SAVERONE 2014 LTD
$9.41M$2.72M-$32.09M-$33.84M-$5.40128.00%N/AN/AN/A
MKSI
MKS INSTRUMENTS INC
$7.63B$3.62B-$1.18B-$1.84B-$27.542.11%11.78%N/AN/A2024-05-09
COHR
COHERENT CORP
$7.91B$4.63B$580.48M-$403.71M-$2.824.52%29.46%N/AN/A2024-05-07
MSAI
MULTISENSOR AI HOLDINGS INC
$31.57M$5.43M-$21.12M-$22.27M-$3.56-25.29%N/AN/AN/A
VNT
VONTIER CORP
$6.20B$3.10B$702.20M$376.90M$2.43-2.80%3.03%-2.80%1.19%2024-05-02
MIND
MIND TECHNOLOGY INC
$5.99M$38.72M$2.30M-$4.29M-$3.1757.41%-1.13%N/AN/A2024-04-30
ST
SENSATA TECHNOLOGIES HOLDING PLC
$5.18B$4.05B$506.99M-$3.91M-$0.030.62%2.86%N/AN/A2024-04-29
WRAP
WRAP TECHNOLOGIES INC
$87.10M$9.13M-$14.38M-$15.55M-$0.3832.04%445.50%N/AN/A2024-05-08
FCUV
FOCUS UNIVERSAL INC
$18.14M$1.05M-$4.51M-$4.72M-$0.08197.55%27.84%N/AN/A2024-05-14
KNW
KNOW LABS INC
$50.35M$0.00-$14.28M-$20.13M-$0.37-100.00%-100.00%N/AN/A2024-05-13
AWIN
AERWINS TECHNOLOGIES INC
$1.74M$3.18M-$24.53M-$26.27M-$52.00-28.61%N/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 46.15% over the past year, overperforming other scientific & technical instrument stocks by 49 percentage points.

Garmin has an average 1 year price target of $140.50, a downside of -1.6% from Garmin's current stock price of $142.79.

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 13.73% over the past year, overperforming other scientific & technical instrument stocks by 17 percentage points.

Fortive has an average 1 year price target of $87.75, an upside of 15.38% from Fortive's current stock price of $76.05.

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 -0.16% over the past year, overperforming other scientific & technical instrument stocks by 3 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 8.97% from Keysight Technologies's current stock price of $146.60.

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 0.77%. 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 1.39%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.77%.

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 0.77%, which is the same as the scientific & technical instrument industry average of 0.77%. 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 -3.11% in the last day, and up 0.31% over the last week. Aerwins Technologies was the among the top losers in the scientific & technical instruments industry, dropping -16.52% yesterday.

AERWINS Technologies shares are trading lower. The company announced additional staff determination.

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 13.73% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 17 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 -41.52% 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 6.79% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 10 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 15.35% 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 -7.16x.
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