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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
$32.83B192,077,71846.63%53.37%Net SellingNet Selling
KEYS
KEYSIGHT TECHNOLOGIES INC
United States
$27.46B174,555,84286.22%1.09%Net SellingNet Selling
FTV
FORTIVE CORP
United States
$27.16B352,028,66286.73%13.27%Net SellingNet Selling
TDY
TELEDYNE TECHNOLOGIES INC
United States
$19.27B47,422,49090.31%5.21%Net BuyingNet Buying
BMI
BADGER METER INC
United States
$5.80B29,393,73087.16%4.29%Net SellingNet Selling
MLAB
MESA LABORATORIES INC
United States
$659.26M5,394,05185.31%14.69%Net Selling
SOTK
SONO TEK CORP
United States
$77.94M15,745,2067.20%24.38%Net SellingNet Selling
CGNX
COGNEX CORP
United States
$8.21B171,662,05685.52%3.64%Net BuyingNet Selling
ESE
ESCO TECHNOLOGIES INC
United States
$2.81B25,751,05594.65%4.01%Net SellingNet Selling
VNT
VONTIER CORP
United States
$6.14B154,400,00093.75%0.88%Net SellingNet Selling
ITRI
ITRON INC
United States
$5.00B45,869,37381.55%18.45%Net SellingNet Selling
VPG
VISHAY PRECISION GROUP INC
United States
$432.80M13,353,92372.13%27.87%Net SellingNet Selling
ELSE
ELECTRO SENSORS INC
United States
$14.02M3,428,0215.53%94.47%
CPTN
CEPTON INC
United States
$44.74M15,920,9170.95%99.05%Net SellingNet Selling
TRMB
TRIMBLE INC
United States
$14.03B245,687,18190.79%1.08%Net SellingNet Buying
LUNA
LUNA INNOVATIONS INC
United States
$102.22M33,958,64155.39%26.60%Net BuyingNet Buying
BKSY
BLACKSKY TECHNOLOGY INC
United States
$179.13M146,830,44225.73%35.76%Net SellingNet Selling
WATT
ENERGOUS CORP
United States
$10.20M6,538,2404.02%95.98%Net Buying
MVIS
MICROVISION INC
United States
$237.66M206,659,63430.84%13.43%Net SellingNet Selling
SVRE
SAVERONE 2014 LTD
Israel
$8.09M69,579,23112.77%0.00%
MIND
MIND TECHNOLOGY INC
United States
$6.04M1,405,7796.61%93.39%
GNSS
GENASYS INC
United States
$77.15M44,594,56233.28%66.72%Net Buying
FARO
FARO TECHNOLOGIES INC
United States
$367.22M19,205,87390.16%9.84%Net BuyingNet Selling
COHR
COHERENT CORP
United States
$8.86B152,461,01385.59%10.15%Net SellingNet Selling
NOVT
NOVANTA INC
United States
$5.85B35,893,90675.43%24.57%Net SellingNet Selling
SOBR
SOBR SAFE INC
United States
$4.82M20,007,4654.60%68.97%Net BuyingNet Buying
MKSI
MKS INSTRUMENTS INC
United States
$8.62B67,196,55670.19%29.81%Net SellingNet Selling
WRAP
WRAP TECHNOLOGIES INC
United States
$72.95M44,214,16911.58%45.47%Net Buying
FCUV
FOCUS UNIVERSAL INC
United States
$19.37M64,771,8174.96%19.81%
ST
SENSATA TECHNOLOGIES HOLDING PLC
United Kingdom
$6.45B150,738,90744.05%55.95%Net BuyingNet Buying
KNW
KNOW LABS INC
United States
$55.67M85,512,1663.12%39.97%Net Buying
AWIN
AERWINS TECHNOLOGIES INC
Japan
$4.31M924,8901.50%98.50%

Scientific & Technical Instrument Stocks FAQ

What are the best scientific & technical instrument stocks to buy right now in May 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 53, which is 27 points higher than the scientific & technical instrument industry average of 26. It passed 19 out of 38 due diligence checks and has strong fundamentals. Garmin has seen its stock return 66.04% over the past year, overperforming other scientific & technical instrument stocks by 56 percentage points.

Garmin has an average 1 year price target of $165.17, a downside of -3.38% from Garmin's current stock price of $170.94.

Garmin stock has a consensus Hold recommendation according to Wall Street analysts. Of the 6 analysts covering Garmin, 16.67% have issued a Strong Buy rating, 0% have issued a Buy, 83.33% 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 49, which is 23 points higher than the scientific & technical instrument industry average of 26. It passed 16 out of 33 due diligence checks and has strong fundamentals. Keysight Technologies has seen its stock lose -0.23% 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 1.56% from Keysight Technologies's current stock price of $157.30.

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 45, which is 19 points higher than the scientific & technical instrument industry average of 26. It passed 16 out of 38 due diligence checks and has strong fundamentals. Fortive has seen its stock return 18.51% over the past year, overperforming other scientific & technical instrument stocks by 9 percentage points.

Fortive has an average 1 year price target of $90.14, an upside of 16.83% from Fortive's current stock price of $77.16.

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 1.71%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.66%. 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 41% 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 1.12%, which is the same as the scientific & technical instrument industry average of 0.66%.

Sensata Technologies Holding's dividend payout ratio of -533.3% 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 0.69%, which is the same as the scientific & technical instrument industry average of 0.66%. 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 -3.3% 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 0.32% in the last day, and up 2.23% 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 57, which is 41 points higher than the scientific & technical instrument industry average of 16. It passed 4 out of 7 valuation due diligence checks.

Mesa Laboratories's stock has dropped -22.13% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -32 percentage points.

2. Vontier (NYSE:VNT)


Vontier (NYSE:VNT) is the second most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Vontier has a valuation score of 43, which is 27 points higher than the scientific & technical instrument industry average of 16. It passed 3 out of 7 valuation due diligence checks.

Vontier's stock has gained 36.81% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 27 percentage points.

3. Genasys (NASDAQ:GNSS)


Genasys (NASDAQ:GNSS) is the third most undervalued scientific & technical instrument stock based on WallStreetZen's Valuation Score. Genasys has a valuation score of 43, which is 27 points higher than the scientific & technical instrument industry average of 16. It passed 3 out of 7 valuation due diligence checks.

Genasys's stock has dropped -32.68% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -42 percentage points.

Are scientific & technical instrument stocks a good buy now?

47.62% of scientific & technical instrument stocks rated by analysts are a buy right now. On average, analysts expect scientific & technical instrument stocks to rise by 4.63% 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 13.63x.
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