WallStreetZenWallStreetZen

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
$31.88B$5.46B$1.48B$1.36B$7.1212.98%9.93%41.83%13.74%2024-06-07
KEYS
KEYSIGHT TECHNOLOGIES INC
$26.04B$5.34B$1.56B$969.00M$5.48-3.77%5.71%-14.91%41.09%2024-05-20
FTV
FORTIVE CORP
$26.78B$6.13B$1.64B$899.60M$2.563.71%9.46%19.63%-20.42%2024-05-15
BMI
BADGER METER INC
$5.56B$740.77M$162.77M$102.31M$3.4925.07%11.31%43.03%26.67%
MLAB
MESA LABORATORIES INC
$623.01M$212.87M$38.93M$948.00k$0.17-4.27%15.50%N/A-42.57%2024-05-24
TDY
TELEDYNE TECHNOLOGIES INC
$18.27B$5.60B$1.34B$885.50M$18.761.47%13.68%16.38%14.51%
CGNX
COGNEX CORP
$7.52B$847.22M$151.74M$99.64M$0.58-8.39%0.90%-42.57%-14.24%
SOTK
SONO TEK CORP
$71.17M$18.59M$2.28M$1.35M$0.0713.35%9.95%0.00%N/A2024-05-23
ESE
ESCO TECHNOLOGIES INC
$2.77B$968.85M$180.89M$92.99M$3.619.35%7.54%9.39%4.55%2024-05-09
VNT
VONTIER CORP
$6.09B$3.07B$751.30M$430.90M$2.80-4.30%N/A87.92%N/A2024-05-28
ITRI
ITRON INC
$4.91B$2.28B$281.57M$160.48M$3.5125.77%-0.86%N/A25.22%2024-05-09
ELSE
ELECTRO SENSORS INC
$14.57M$8.56M$473.00k$275.00k$0.08-5.25%2.68%166.67%N/A2024-05-10
VPG
VISHAY PRECISION GROUP INC
$455.81M$355.05M$57.66M$25.71M$1.89-2.08%3.44%-28.68%1.44%2024-05-22
CPTN
CEPTON INC
$48.56M$13.06M-$49.23M-$48.55M-$3.0875.81%N/AN/AN/A2024-05-13
BKSY
BLACKSKY TECHNOLOGY INC
$184.29M$94.49M$434.00k-$53.86M-$0.4044.59%N/AN/AN/A2024-05-08
TRMB
TRIMBLE INC
$13.74B$3.80B$768.60M$311.30M$1.263.33%4.09%-30.39%2.20%2024-05-30
LUNA
LUNA INNOVATIONS INC
$103.91M$116.61M$5.03M-$2.12M-$0.0814.31%24.34%N/AN/A2024-05-07
GNSS
GENASYS INC
$98.62M$40.54M-$11.23M-$21.61M-$0.55-24.72%7.03%N/AN/A2024-05-14
WATT
ENERGOUS CORP
$8.94M$474.18k-$19.18M-$19.37M-$4.15-44.30%-1.63%N/AN/A2024-05-08
MVIS
MICROVISION INC
$314.38M$7.26M-$73.83M-$82.84M-$0.45993.22%-16.24%N/AN/A2024-05-09
NOVT
NOVANTA INC
$5.73B$881.66M$156.18M$72.88M$2.032.41%7.49%-2.40%6.81%2024-06-05
SOBR
SOBR SAFE INC
$5.12M$157.29k-$8.97M-$10.21M-$0.56345.31%N/AN/AN/A2024-06-03
MIND
MIND TECHNOLOGY INC
$8.15M$36.51M$3.13M-$3.51M-$2.5045.97%-3.19%N/AN/A2024-06-11
SVRE
SAVERONE 2014 LTD
$10.30M$2.72M-$32.09M-$33.84M-$5.40128.00%N/AN/AN/A
FARO
FARO TECHNOLOGIES INC
$348.78M$358.11M-$23.07M-$42.68M-$2.241.14%-2.40%N/AN/A2024-06-13
MKSI
MKS INSTRUMENTS INC
$8.18B$3.62B-$1.18B-$1.84B-$27.542.11%11.78%N/AN/A2024-05-08
MSAI
MULTISENSOR AI HOLDINGS INC
$32.76M$5.43M-$21.12M-$22.27M-$3.56-25.29%N/AN/AN/A
COHR
COHERENT CORP
$8.58B$4.63B$580.48M-$403.71M-$2.824.52%29.46%N/AN/A2024-05-06
WRAP
WRAP TECHNOLOGIES INC
$74.72M$9.13M-$14.38M-$15.55M-$0.3832.04%445.50%N/AN/A2024-06-27
FCUV
FOCUS UNIVERSAL INC
$19.50M$1.05M-$4.51M-$4.72M-$0.08197.55%27.84%N/AN/A2024-05-17
KNW
KNOW LABS INC
$55.32M$0.00-$14.28M-$20.13M-$0.37-100.00%-100.00%N/AN/A2024-05-13
ST
SENSATA TECHNOLOGIES HOLDING PLC
$6.04B$4.06B$494.06M-$14.31M-$0.090.27%2.99%N/AN/A2024-06-11
AWIN
AERWINS TECHNOLOGIES INC
$3.38M$0.00-$25.73M-$25.94M-$27.93N/AN/AN/AN/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 26 points higher than the scientific & technical instrument industry average of 27. It passed 19 out of 38 due diligence checks and has strong fundamentals. Garmin has seen its stock return 65.84% over the past year, overperforming other scientific & technical instrument stocks by 60 percentage points.

Garmin has an average 1 year price target of $159.33, a downside of -4% from Garmin's current stock price of $165.97.

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 22 points higher than the scientific & technical instrument industry average of 27. It passed 16 out of 33 due diligence checks and has strong fundamentals. Keysight Technologies has seen its stock return 4.64% over the past year, underperforming other scientific & technical instrument stocks by -1 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 7.09% from Keysight Technologies's current stock price of $149.18.

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 48, which is 21 points higher than the scientific & technical instrument industry average of 27. It passed 17 out of 38 due diligence checks and has strong fundamentals. Fortive has seen its stock return 18.88% over the past year, overperforming other scientific & technical instrument stocks by 13 percentage points.

Fortive has an average 1 year price target of $90.14, an upside of 18.48% from Fortive's current stock price of $76.08.

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 1.76%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.69%. 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 1.2%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.69%.

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 0.72%, which is the same as the scientific & technical instrument industry average of 0.69%. 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 0.94% in the last day, and up 3.95% over the last week. Itron was the among the top gainers in the scientific & technical instruments industry, gaining 7.2% yesterday.

Itron shares are trading higher after multiple firms raised their respective price targets on the stock.

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 -31.45% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -37 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 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.

Fortive's stock has gained 18.88% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 13 percentage points.

3. Vontier (NYSE:VNT)


Vontier (NYSE:VNT) is the third 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 47.77% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 42 percentage points.

Are scientific & technical instrument stocks a good buy now?

39.13% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 8.77% 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 13.75x.
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.