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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
$28.38B191,777,41746.16%53.84%Net SellingNet Selling
ITRI
ITRON INC
United States
$4.17B45,580,16381.86%18.14%Net SellingNet Selling
KEYS
KEYSIGHT TECHNOLOGIES INC
United States
$27.20B174,555,84284.42%1.09%Net Selling
FTV
FORTIVE CORP
United States
$30.23B351,379,73586.91%13.09%Net SellingNet Selling
SOTK
SONO TEK CORP
United States
$77.15M15,745,2066.80%24.38%Net SellingNet Selling
BMI
BADGER METER INC
United States
$4.73B29,352,12188.96%4.29%Net SellingNet Selling
TDY
TELEDYNE TECHNOLOGIES INC
United States
$20.32B47,376,36391.45%5.21%Net BuyingNet Buying
CGNX
COGNEX CORP
United States
$7.29B171,633,72688.13%3.64%Net SellingNet Buying
ESE
ESCO TECHNOLOGIES INC
United States
$2.73B25,798,27195.59%4.00%Net SellingNet Buying
MLAB
MESA LABORATORIES INC
United States
$578.51M5,394,05185.26%14.74%Net Selling
ELSE
ELECTRO SENSORS INC
United States
$14.64M3,428,0215.56%94.44%
CPTN
CEPTON INC
United States
$44.21M15,846,9350.84%99.16%Net SellingNet Selling
VPG
VISHAY PRECISION GROUP INC
United States
$465.98M13,382,47572.13%27.87%Net SellingNet Selling
NOVT
NOVANTA INC
United States
$6.23B35,845,46275.85%24.15%Net SellingNet Selling
BKSY
BLACKSKY TECHNOLOGY INC
United States
$200.38M146,262,69426.70%35.87%Net SellingNet Selling
TRMB
TRIMBLE INC
United States
$15.55B245,687,18193.08%1.05%Net SellingNet Selling
LUNA
LUNA INNOVATIONS INC
United States
$114.27M33,958,64159.77%26.31%Net BuyingNet Selling
FARO
FARO TECHNOLOGIES INC
United States
$409.93M18,969,29889.81%10.19%Net BuyingNet Selling
MVIS
MICROVISION INC
United States
$355.39M195,267,38530.79%14.16%Net Selling
GNSS
GENASYS INC
United States
$105.67M44,027,12134.58%65.42%Net BuyingNet Selling
SOBR
SOBR SAFE INC
United States
$9.27M18,544,5704.85%74.41%Net BuyingNet Buying
SVRE
SAVERONE 2014 LTD
Israel
$19.06M69,579,2310.11%0.00%
WATT
ENERGOUS CORP
United States
$10.16M5,210,3611.93%98.07%Net SellingNet Selling
FCUV
FOCUS UNIVERSAL INC
United States
$28.85M64,821,8174.42%19.79%
MKSI
MKS INSTRUMENTS INC
United States
$8.85B67,055,40469.90%30.10%Net SellingNet Selling
COHR
COHERENT CORP
United States
$9.24B151,813,35686.87%10.20%Net SellingNet Selling
VNT
VONTIER CORP
United States
$6.89B153,900,00095.77%0.89%Net SellingNet Selling
MSAI
MULTISENSOR AI HOLDINGS INC
United States
$24.15M11,956,8230.02%75.31%
MIND
MIND TECHNOLOGY INC
United States
$6.20M1,405,7796.03%93.97%
ST
SENSATA TECHNOLOGIES HOLDING PLC
United Kingdom
$5.48B150,469,87943.73%56.27%Net Selling
WRAP
WRAP TECHNOLOGIES INC
United States
$96.61M44,214,1698.82%45.39%Net Selling
KNW
KNOW LABS INC
United States
$51.90M81,346,5242.81%42.02%Net BuyingNet Buying
AWIN
AERWINS TECHNOLOGIES INC
Japan
$4.64M62,688,2151.53%29.42%

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 53.51% 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 -9.45% from Garmin's current stock price of $147.98.

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 74.43% 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 -1.55% from Itron's current stock price of $91.54.

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 0.06% over the past year, underperforming other scientific & technical instrument stocks by -11 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 2.51% from Keysight Technologies's current stock price of $155.84.

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 1.97%, 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 1.32%, 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 1.99% in the last day, and up 1.82% 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. 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 74.43% 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 16.61% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 6 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 30.43% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 20 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 3.78% 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 -6.68x.
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