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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
GRMN
GARMIN LTD
Switzerland
$27.51B191,777,41746.16%53.84%Net SellingNet Selling
KEYS
KEYSIGHT TECHNOLOGIES INC
United States
$25.93B174,555,84284.42%1.09%Net SellingNet Selling
FTV
FORTIVE CORP
United States
$26.74B352,028,66286.91%13.09%Net SellingNet Selling
BMI
BADGER METER INC
United States
$5.45B29,393,73088.83%4.28%Net SellingNet Selling
SOTK
SONO TEK CORP
United States
$69.91M15,745,2066.80%24.38%Net SellingNet Selling
MLAB
MESA LABORATORIES INC
United States
$556.61M5,394,05185.26%14.74%Net Selling
ITRI
ITRON INC
United States
$4.36B45,580,16381.86%18.14%Net SellingNet Selling
TDY
TELEDYNE TECHNOLOGIES INC
United States
$17.75B47,376,36391.45%5.22%Net BuyingNet Buying
CGNX
COGNEX CORP
United States
$6.97B171,633,72688.13%3.64%Net SellingNet Selling
ESE
ESCO TECHNOLOGIES INC
United States
$2.72B25,798,27195.59%4.00%Net SellingNet Buying
ELSE
ELECTRO SENSORS INC
United States
$14.21M3,428,0215.56%94.44%
CPTN
CEPTON INC
United States
$46.33M15,920,9170.84%99.16%Net SellingNet Selling
VPG
VISHAY PRECISION GROUP INC
United States
$447.11M13,382,47572.13%27.87%Net SellingNet Selling
BKSY
BLACKSKY TECHNOLOGY INC
United States
$184.29M146,262,69426.70%35.90%Net SellingNet Selling
MVIS
MICROVISION INC
United States
$292.90M195,267,38530.79%14.18%Net SellingNet Selling
NOVT
NOVANTA INC
United States
$5.71B35,845,46275.86%24.14%Net SellingNet Selling
TRMB
TRIMBLE INC
United States
$14.78B245,687,18193.08%1.07%Net SellingNet Selling
LUNA
LUNA INNOVATIONS INC
United States
$67.58M33,958,64159.77%26.60%Net BuyingNet Buying
GNSS
GENASYS INC
United States
$95.54M44,027,12134.58%65.42%Net BuyingNet Selling
WATT
ENERGOUS CORP
United States
$8.27M6,082,6861.93%98.07%Net Buying
SOBR
SOBR SAFE INC
United States
$5.66M20,007,4654.51%68.97%Net BuyingNet Buying
FARO
FARO TECHNOLOGIES INC
United States
$358.90M18,969,29889.81%10.19%Net BuyingNet Selling
SVRE
SAVERONE 2014 LTD
Israel
$9.13M69,579,2310.11%0.00%
VNT
VONTIER CORP
United States
$6.34B153,900,00095.79%0.89%Net SellingNet Selling
COHR
COHERENT CORP
United States
$8.36B151,813,35686.87%10.20%Net SellingNet Selling
MSAI
MULTISENSOR AI HOLDINGS INC
United States
$32.64M11,956,8230.02%87.68%
MIND
MIND TECHNOLOGY INC
United States
$5.83M1,405,7796.03%93.97%
ST
SENSATA TECHNOLOGIES HOLDING PLC
United Kingdom
$5.26B150,469,87943.71%56.29%Net SellingNet Selling
MKSI
MKS INSTRUMENTS INC
United States
$8.10B67,055,40469.90%30.10%Net SellingNet Selling
WRAP
WRAP TECHNOLOGIES INC
United States
$81.35M44,214,1698.83%45.47%Net Selling
KNW
KNOW LABS INC
United States
$52.63M81,346,5242.81%42.02%Net BuyingNet Buying
FCUV
FOCUS UNIVERSAL INC
United States
$20.86M64,771,8174.42%19.81%
AWIN
AERWINS TECHNOLOGIES INC
Japan
$1.87M626,8824.95%95.05%

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 50.68% over the past year, overperforming other scientific & technical instrument stocks by 47 percentage points.

Garmin has an average 1 year price target of $140.50, a downside of -2.06% from Garmin's current stock price of $143.45.

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. Keysight Technologies (NYSE:KEYS)


Keysight Technologies (NYSE:KEYS) is the second 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 5.17% over the past year, overperforming other scientific & technical instrument stocks by 2 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 7.54% from Keysight Technologies's current stock price of $148.55.

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.

3. Fortive (NYSE:FTV)


Fortive (NYSE:FTV) is the third best scientific & technical instrument stock with a Zen Score of 51, which is 23 points higher than the scientific & technical instrument industry average of 28. It passed 18 out of 38 due diligence checks and has strong fundamentals. Fortive has seen its stock return 20.47% over the past year, overperforming other scientific & technical instrument stocks by 17 percentage points.

Fortive has an average 1 year price target of $90.14, an upside of 18.66% from Fortive's current stock price of $75.97.

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 2.04%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.75%. 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 1.37%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.75%.

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 0.73%, which is the same as the scientific & technical instrument industry average of 0.75%. 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 1.03% in the last day, and up 1.91% over the last week. Focus Universal was the among the top gainers in the scientific & technical instruments industry, gaining 13.78% yesterday.

Focus Universal shares are trading higher after the company announced board approval for the spin-off of Lusher.

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 -35.9% 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 20.47% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 17 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 14.52% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 11 percentage points.

Are scientific & technical instrument stocks a good buy now?

43.48% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 10.94% 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 -7.72x.
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.