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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
GRMN
GARMIN LTD
Switzerland
$26.33B191,777,41747.91%52.09%Net SellingNet Selling
KEYS
KEYSIGHT TECHNOLOGIES INC
United States
$26.91B175,044,60483.79%1.08%Net SellingNet Selling
FTV
FORTIVE CORP
United States
$30.32B351,379,73586.91%13.09%Net BuyingNet Selling
ITRI
ITRON INC
United States
$4.29B45,580,16381.83%18.17%Net SellingNet Selling
ST
SENSATA TECHNOLOGIES HOLDING PLC
United Kingdom
$5.13B151,355,00543.73%56.27%Net Selling
BMI
BADGER METER INC
United States
$4.63B29,352,12188.12%4.24%Net SellingNet Buying
TDY
TELEDYNE TECHNOLOGIES INC
United States
$20.16B47,376,36390.87%5.20%Net BuyingNet Buying
SOTK
SONO TEK CORP
United States
$86.90M15,745,2066.80%24.38%Net SellingNet Selling
ESE
ESCO TECHNOLOGIES INC
United States
$2.62B25,798,27195.59%4.00%Net SellingNet Buying
VPG
VISHAY PRECISION GROUP INC
United States
$461.21M13,533,18372.44%27.56%Net BuyingNet Selling
CPTN
CEPTON INC
United States
$42.31M15,846,9350.84%99.16%Net SellingNet Selling
CGNX
COGNEX CORP
United States
$6.55B171,633,72688.05%3.63%Net BuyingNet Buying
MLAB
MESA LABORATORIES INC
United States
$578.24M5,394,05185.26%14.74%Net SellingNet Selling
ELSE
ELECTRO SENSORS INC
United States
$13.99M3,428,0215.56%94.44%
BKSY
BLACKSKY TECHNOLOGY INC
United States
$210.19M142,987,50327.31%36.25%Net SellingNet Selling
SVRE
SAVERONE 2014 LTD
Israel
$7.93M28,321,6560.28%0.00%
FARO
FARO TECHNOLOGIES INC
United States
$424.91M18,969,29890.09%9.91%Net Buying
TRMB
TRIMBLE INC
United States
$14.96B245,687,18193.01%1.05%Net SellingNet Selling
LUNA
LUNA INNOVATIONS INC
United States
$228.54M33,958,64159.77%26.07%Net BuyingNet Selling
SOBR
SOBR SAFE INC
United States
$11.24M18,544,5703.47%96.53%Net BuyingNet Buying
MIND
MIND TECHNOLOGY INC
United States
$8.50M1,405,7796.03%93.97%
WATT
ENERGOUS CORP
United States
$11.20M5,210,3611.93%98.07%Net SellingNet Selling
MVIS
MICROVISION INC
United States
$408.47M189,985,74331.64%14.52%Net Buying
NOVT
NOVANTA INC
United States
$6.00B35,845,46275.83%24.17%Net SellingNet Selling
GNSS
GENASYS INC
United States
$88.05M44,027,12134.67%65.33%Net BuyingNet Buying
FCUV
FOCUS UNIVERSAL INC
United States
$22.43M64,821,8174.42%19.79%
MKSI
MKS INSTRUMENTS INC
United States
$8.01B67,055,40469.89%30.11%Net SellingNet Selling
COHR
COHERENT CORP
United States
$8.80B151,813,35686.75%10.21%Net SellingNet Selling
MSAI
MULTISENSOR AI HOLDINGS INC
United States
$31.57M11,956,8230.02%75.31%
VNT
VONTIER CORP
United States
$6.59B153,900,00095.77%0.91%Net SellingNet Selling
WRAP
WRAP TECHNOLOGIES INC
United States
$155.63M44,214,1698.82%45.39%Net Selling
KNW
KNOW LABS INC
United States
$61.09M81,346,5242.81%42.02%Net BuyingNet Buying
AWIN
AERWINS TECHNOLOGIES INC
Japan
$5.89M62,688,2151.53%29.42%

Scientific & Technical Instrument Stocks FAQ

What are the best scientific & technical instrument stocks to buy right now in Feb 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 52, which is 24 points higher than the scientific & technical instrument industry average of 28. It passed 18 out of 38 due diligence checks and has strong fundamentals. Garmin has seen its stock return 39.92% over the past year, overperforming other scientific & technical instrument stocks by 37 percentage points.

Garmin has an average 1 year price target of $134.00, a downside of -2.4% from Garmin's current stock price of $137.30.

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. Keysight Technologies (NYSE:KEYS)


Keysight Technologies (NYSE:KEYS) is the second best scientific & technical instrument stock with a Zen Score of 48, which is 20 points higher than the scientific & technical instrument industry average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Keysight Technologies has seen its stock lose -3.88% over the past year, underperforming other scientific & technical instrument stocks by -7 percentage points.

Keysight Technologies has an average 1 year price target of $161.33, an upside of 4.93% from Keysight Technologies's current stock price of $153.75.

Keysight Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Keysight Technologies, 50% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% 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 46, which is 18 points higher than the scientific & technical instrument industry average of 28. It passed 16 out of 38 due diligence checks and has strong fundamentals. Fortive has seen its stock return 29.45% over the past year, overperforming other scientific & technical instrument stocks by 26 percentage points.

Fortive has an average 1 year price target of $81.14, a downside of -5.96% from Fortive's current stock price of $86.29.

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 2.13%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.8%. 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 1.42%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.8%.

Sensata Technologies Holding's dividend payout ratio of 22.7% indicates that its dividend yield is sustainable for the long-term.

3. Cognex (NASDAQ:CGNX)


Cognex (NASDAQ:CGNX) has an annual dividend yield of 0.94%, which is the same as the scientific & technical instrument industry average of 0.8%. 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 0.8% in the last day, and up 2.81% 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. Sensata Technologies Holding (NYSE:ST)


Sensata Technologies Holding (NYSE:ST) is the most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Sensata Technologies Holding has a valuation score of 71, which is 51 points higher than the scientific & technical instrument industry average of 20. It passed 5 out of 7 valuation due diligence checks.

Sensata Technologies Holding's stock has dropped -33.04% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -36 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 23 points higher than the scientific & technical instrument industry average of 20. It passed 3 out of 7 valuation due diligence checks.

Fortive's stock has gained 29.45% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 26 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 23 points higher than the scientific & technical instrument industry average of 20. It passed 3 out of 7 valuation due diligence checks.

Esco Technologies's stock has gained 8.97% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 6 percentage points.

Are scientific & technical instrument stocks a good buy now?

42.11% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 6.4% 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 29.75x.
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