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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
$28.55B1.96%43.30%$0.7300$2.9240%02024-06-172024-03-29
ITRI
ITRON INC
$4.22BN/A0.00%N/AN/AN/AN/A
KEYS
KEYSIGHT TECHNOLOGIES INC
$27.30BN/A0.00%N/AN/AN/AN/A
FTV
FORTIVE CORP
$30.23B0.35%12.20%$0.0800$0.305%0
SOTK
SONO TEK CORP
$76.99MN/A0.00%N/AN/AN/AN/A
BMI
BADGER METER INC
$4.75B0.64%31.30%$0.2700$1.0411%1
TDY
TELEDYNE TECHNOLOGIES INC
$20.34BN/A0.00%N/AN/AN/AN/A
CGNX
COGNEX CORP
$7.28B0.68%43.20%$0.0750$0.2912%1
ESE
ESCO TECHNOLOGIES INC
$2.76B0.37%8.90%$0.0800$0.405%02024-04-16
MLAB
MESA LABORATORIES INC
$591.89M0.58%376.50%$0.1600$0.6410%0
ELSE
ELECTRO SENSORS INC
$14.29MN/A0.00%N/AN/AN/AN/A
CPTN
CEPTON INC
$44.05MN/A0.00%N/AN/AN/AN/A
VPG
VISHAY PRECISION GROUP INC
$472.80MN/A0.00%N/AN/AN/AN/A
NOVT
NOVANTA INC
$6.26BN/A0.00%N/AN/AN/AN/A
BKSY
BLACKSKY TECHNOLOGY INC
$198.92MN/A0.00%N/AN/AN/AN/A
TRMB
TRIMBLE INC
$15.81BN/A0.00%N/AN/AN/AN/A
LUNA
LUNA INNOVATIONS INC
$108.84MN/A0.00%N/AN/AN/AN/A
SOBR
SOBR SAFE INC
$7.60MN/A0.00%N/AN/AN/AN/A
FARO
FARO TECHNOLOGIES INC
$408.03MN/A0.00%N/AN/AN/AN/A
MVIS
MICROVISION INC
$359.29MN/A0.00%N/AN/AN/AN/A
GNSS
GENASYS INC
$104.34MN/A0.00%$0.0100N/AN/A0
SVRE
SAVERONE 2014 LTD
$18.37MN/A0.00%N/AN/AN/AN/A
FCUV
FOCUS UNIVERSAL INC
$26.58MN/A0.00%N/AN/AN/AN/A
MKSI
MKS INSTRUMENTS INC
$8.92B0.66%-3.20%$0.2200$0.8811%0
VNT
VONTIER CORP
$6.98B0.06%3.10%$0.0250$0.030%0
MIND
MIND TECHNOLOGY INC
$6.40MN/A0.00%$5.6250N/AN/A0
MSAI
MULTISENSOR AI HOLDINGS INC
$27.02MN/A0.00%N/AN/AN/AN/A
COHR
COHERENT CORP
$9.20BN/A0.00%N/AN/AN/AN/A
WATT
ENERGOUS CORP
$12.35MN/A0.00%N/AN/AN/AN/A
ST
SENSATA TECHNOLOGIES HOLDING PLC
$5.53B1.31%-1,600.00%$0.1200$0.4826%0
WRAP
WRAP TECHNOLOGIES INC
$99.92MN/A0.00%N/AN/AN/AN/A
KNW
KNOW LABS INC
$51.25MN/A0.00%N/AN/AN/AN/A
AWIN
AERWINS TECHNOLOGIES INC
$4.07MN/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 Mar 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 53.89% over the past year, overperforming other scientific & technical instrument stocks by 43 percentage points.

Garmin has an average 1 year price target of $134.00, a downside of -9.99% from Garmin's current stock price of $148.87.

Garmin stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Garmin, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Itron (NASDAQ:ITRI)


Itron (NASDAQ:ITRI) 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 17 out of 33 due diligence checks and has strong fundamentals. Itron has seen its stock return 74.9% over the past year, overperforming other scientific & technical instrument stocks by 64 percentage points.

Itron has an average 1 year price target of $90.13, a downside of -2.59% from Itron's current stock price of $92.52.

Itron stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Itron, 25% have issued a Strong Buy rating, 37.5% have issued a Buy, 37.5% 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 0.69% over the past year, underperforming other scientific & technical instrument stocks by -10 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 2.16% from Keysight Technologies's current stock price of $156.38.

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 1.96%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.73%. 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 1.31%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.73%.

Sensata Technologies Holding's dividend payout ratio of -1,600% indicates that its dividend yield might not be sustainable for the long-term.

3. Cognex (NASDAQ:CGNX)


Cognex (NASDAQ:CGNX) has an annual dividend yield of 0.68%, which is the same as the scientific & technical instrument industry average of 0.73%. Cognex's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Cognex's dividend has shown consistent growth over the last 10 years.

Cognex's dividend payout ratio of 43.2% indicates that its dividend yield is sustainable for the long-term.

Why are scientific & technical instrument stocks up?

Scientific & technical instrument stocks were up 0.59% in the last day, and up 1.17% over the last week. Energous was the among the top gainers in the scientific & technical instruments industry, gaining 4.1% yesterday.

Energous shares are trading lower after the company reported FY23 financial 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. Itron (NASDAQ:ITRI)


Itron (NASDAQ:ITRI) is the most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Itron 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.

Itron's stock has gained 74.9% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 64 percentage points.

2. Esco Technologies (NYSE:ESE)


Esco Technologies (NYSE:ESE) is the second 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 16.12% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 5 percentage points.

3. Fortive (NYSE:FTV)


Fortive (NYSE:FTV) is the third most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Fortive 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.

Fortive's stock has gained 29.8% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 19 percentage points.

Are scientific & technical instrument stocks a good buy now?

45% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 3.21% 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 -6.86x.
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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.