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

Ticker	Company	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	$27.43B	2.04%	43.30%	$0.7300	$2.92	41%	0	2024-06-17	2024-06-28
FTV	FORTIVE CORP	$26.83B	0.39%	11.70%	$0.0800	$0.30	5%	0	2024-05-31	2024-06-28
KEYS	KEYSIGHT TECHNOLOGIES INC	$25.73B	N/A	0.00%	N/A	N/A	N/A	N/A
BMI	BADGER METER INC	$5.40B	0.56%	29.70%	$0.2700	$1.04	9%	1
SOTK	SONO TEK CORP	$66.92M	N/A	0.00%	N/A	N/A	N/A	N/A
MLAB	MESA LABORATORIES INC	$549.11M	0.63%	376.50%	$0.1600	$0.64	10%	0	2024-05-31	2024-06-14
ITRI	ITRON INC	$4.30B	N/A	0.00%	N/A	N/A	N/A	N/A
TDY	TELEDYNE TECHNOLOGIES INC	$17.86B	N/A	0.00%	N/A	N/A	N/A	N/A
CGNX	COGNEX CORP	$6.83B	0.73%	43.20%	$0.0750	$0.29	12%	1
ESE	ESCO TECHNOLOGIES INC	$2.69B	0.31%	8.90%	$0.0800	$0.32	4%	0
ELSE	ELECTRO SENSORS INC	$13.78M	N/A	0.00%	N/A	N/A	N/A	N/A
CPTN	CEPTON INC	$47.76M	N/A	0.00%	N/A	N/A	N/A	N/A
VPG	VISHAY PRECISION GROUP INC	$446.44M	N/A	0.00%	N/A	N/A	N/A	N/A
BKSY	BLACKSKY TECHNOLOGY INC	$182.83M	N/A	0.00%	N/A	N/A	N/A	N/A
NOVT	NOVANTA INC	$5.60B	N/A	0.00%	N/A	N/A	N/A	N/A
MVIS	MICROVISION INC	$277.28M	N/A	0.00%	N/A	N/A	N/A	N/A
TRMB	TRIMBLE INC	$14.55B	N/A	0.00%	N/A	N/A	N/A	N/A
LUNA	LUNA INNOVATIONS INC	$67.58M	N/A	0.00%	N/A	N/A	N/A	N/A
GNSS	GENASYS INC	$93.34M	N/A	0.00%	$0.0100	N/A	N/A	0
WATT	ENERGOUS CORP	$8.21M	N/A	0.00%	N/A	N/A	N/A	N/A
SOBR	SOBR SAFE INC	$5.80M	N/A	0.00%	N/A	N/A	N/A	N/A
FARO	FARO TECHNOLOGIES INC	$349.98M	N/A	0.00%	N/A	N/A	N/A	N/A
SVRE	SAVERONE 2014 LTD	$9.23M	N/A	0.00%	N/A	N/A	N/A	N/A
MKSI	MKS INSTRUMENTS INC	$7.80B	0.76%	-3.20%	$0.2200	$0.88	13%	0
COHR	COHERENT CORP	$8.03B	N/A	0.00%	N/A	N/A	N/A	N/A
MSAI	MULTISENSOR AI HOLDINGS INC	$31.69M	N/A	0.00%	N/A	N/A	N/A	N/A
VNT	VONTIER CORP	$6.28B	0.06%	3.10%	$0.0250	$0.03	0%	0
MIND	MIND TECHNOLOGY INC	$5.76M	N/A	0.00%	$5.6250	N/A	N/A	0
ST	SENSATA TECHNOLOGIES HOLDING PLC	$5.17B	1.40%	-1,600.00%	$0.1200	$0.48	27%	0	2024-05-07	2024-05-22
WRAP	WRAP TECHNOLOGIES INC	$83.12M	N/A	0.00%	N/A	N/A	N/A	N/A
FCUV	FOCUS UNIVERSAL INC	$18.33M	N/A	0.00%	N/A	N/A	N/A	N/A
KNW	KNOW LABS INC	$50.03M	N/A	0.00%	N/A	N/A	N/A	N/A
AWIN	AERWINS TECHNOLOGIES INC	$1.53M	N/A	0.00%	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 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 48.87% over the past year, overperforming other scientific & technical instrument stocks by 48 percentage points.

Garmin has an average 1 year price target of $140.50, a downside of -1.77% from Garmin's current stock price of $143.03.

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 16.67% over the past year, overperforming other scientific & technical instrument stocks by 16 percentage points.

Fortive has an average 1 year price target of $87.63, an upside of 14.98% from Fortive's current stock price of $76.21.

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 return 3.85% 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 8.36% from Keysight Technologies's current stock price of $147.43.

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 0.76%. 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 1.4%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.76%.

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 0.76%, which is the same as the scientific & technical instrument industry average of 0.76%. 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 0.84% in the last day, and up 0.4% 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 71, which is 49 points higher than the scientific & technical instrument industry average of 22. It passed 5 out of 7 valuation due diligence checks.

Mesa Laboratories's stock has dropped -38.37% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -39 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 57, which is 35 points higher than the scientific & technical instrument industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Fortive's stock has gained 16.67% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 16 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 21 points higher than the scientific & technical instrument industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Esco Technologies's stock has gained 9.69% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 9 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 12.41% 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 -6.96x.

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. Fortive (NYSE:FTV)

3. Keysight Technologies (NYSE:KEYS)

1. Garmin (NYSE:GRMN)

2. Sensata Technologies Holding (NYSE:ST)

3. Mks Instruments (NASDAQ:MKSI)

1. Mesa Laboratories (NASDAQ:MLAB)

2. Fortive (NYSE:FTV)

3. Esco Technologies (NYSE:ESE)

Company

Stock Tools

Stock Ideas