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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
GRMN
GARMIN LTD
$26.99B2.08%43.30%$0.7300$2.9240%02024-06-172024-06-28
FTV
FORTIVE CORP
$28.17B0.37%12.20%$0.0800$0.305%02024-05-312024-06-28
KEYS
KEYSIGHT TECHNOLOGIES INC
$25.64BN/A0.00%N/AN/AN/AN/A
SOTK
SONO TEK CORP
$64.56MN/A0.00%N/AN/AN/AN/A
ITRI
ITRON INC
$4.12BN/A0.00%N/AN/AN/AN/A
BMI
BADGER METER INC
$5.24B0.58%31.30%$0.2700$1.049%1
MLAB
MESA LABORATORIES INC
$537.36M0.64%376.50%$0.1600$0.6410%02024-05-312024-06-14
TDY
TELEDYNE TECHNOLOGIES INC
$18.96BN/A0.00%N/AN/AN/AN/A
CGNX
COGNEX CORP
$6.64B0.75%43.20%$0.0750$0.2912%1
ESE
ESCO TECHNOLOGIES INC
$2.55B0.32%8.90%$0.0800$0.324%0
ELSE
ELECTRO SENSORS INC
$14.40MN/A0.00%N/AN/AN/AN/A
CPTN
CEPTON INC
$45.85MN/A0.00%N/AN/AN/AN/A
VPG
VISHAY PRECISION GROUP INC
$442.56MN/A0.00%N/AN/AN/AN/A
BKSY
BLACKSKY TECHNOLOGY INC
$172.59MN/A0.00%N/AN/AN/AN/A
NOVT
NOVANTA INC
$5.38BN/A0.00%N/AN/AN/AN/A
MVIS
MICROVISION INC
$285.09MN/A0.00%N/AN/AN/AN/A
TRMB
TRIMBLE INC
$14.22BN/A0.00%N/AN/AN/AN/A
LUNA
LUNA INNOVATIONS INC
$95.08MN/A0.00%N/AN/AN/AN/A
GNSS
GENASYS INC
$90.26MN/A0.00%$0.0100N/AN/A0
FARO
FARO TECHNOLOGIES INC
$347.52MN/A0.00%N/AN/AN/AN/A
WATT
ENERGOUS CORP
$8.94MN/A0.00%N/AN/AN/AN/A
SOBR
SOBR SAFE INC
$5.12MN/A0.00%N/AN/AN/AN/A
MKSI
MKS INSTRUMENTS INC
$7.52B0.79%-3.20%$0.2200$0.8813%0
SVRE
SAVERONE 2014 LTD
$9.95MN/A0.00%N/AN/AN/AN/A
COHR
COHERENT CORP
$7.74BN/A0.00%N/AN/AN/AN/A
MSAI
MULTISENSOR AI HOLDINGS INC
$32.28MN/A0.00%N/AN/AN/AN/A
MIND
MIND TECHNOLOGY INC
$5.72MN/A0.00%$5.6250N/AN/A0
VNT
VONTIER CORP
$6.21B0.06%3.10%$0.0250$0.030%0
ST
SENSATA TECHNOLOGIES HOLDING PLC
$5.04B1.43%-1,600.00%$0.1200$0.4827%0
WRAP
WRAP TECHNOLOGIES INC
$91.97MN/A0.00%N/AN/AN/AN/A
FCUV
FOCUS UNIVERSAL INC
$18.01MN/A0.00%N/AN/AN/AN/A
KNW
KNOW LABS INC
$48.32MN/A0.00%N/AN/AN/AN/A
AWIN
AERWINS TECHNOLOGIES INC
$2.14MN/A0.00%N/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 41.51% over the past year, overperforming other scientific & technical instrument stocks by 44 percentage points.

Garmin has an average 1 year price target of $140.50, a downside of -0.16% from Garmin's current stock price of $140.72.

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 19.35% over the past year, overperforming other scientific & technical instrument stocks by 22 percentage points.

Fortive has an average 1 year price target of $87.75, an upside of 9.44% from Fortive's current stock price of $80.18.

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 -2.25% over the past year.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 8.75% from Keysight Technologies's current stock price of $146.89.

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 2.08%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.78%. 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 1.43%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.78%.

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 0.79%, which is the same as the scientific & technical instrument industry average of 0.78%. 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 0.75% in the last day, and down -3.52% over the last week. Badger Meter was the among the top gainers in the scientific & technical instruments industry, gaining 16.65% yesterday.

Badger Meter shares are trading higher after the company reported better-than-expected Q1 results.

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 19.35% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 22 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 -39.3% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -37 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 2.57% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 5 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 11.65% 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 -4.97x.
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.