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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
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
GRMN
GARMIN LTD
NYSE
Scientific & Technical Instruments
$32.45B$168.93-0.22%$1.48B23.73x0.19
KEYS
KEYSIGHT TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$26.22B$150.21-0.53%$1.56B27.41x0.88
BMI
BADGER METER INC
NYSE
Scientific & Technical Instruments
$5.77B$196.38-0.67%$162.77M56.27x0.39
FTV
FORTIVE CORP
NYSE
Scientific & Technical Instruments
$27.06B$76.88-0.77%$1.64B30.03x0.67
MLAB
MESA LABORATORIES INC
NASDAQ
Scientific & Technical Instruments
$625.93M$116.04-0.91%$38.93M682.59x0.84
TDY
TELEDYNE TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$18.66B$393.490.22%$1.34B20.97x0.57
CGNX
COGNEX CORP
NASDAQ
Scientific & Technical Instruments
$7.97B$46.42-0.17%$151.74M80.03x0.35
SOTK
SONO TEK CORP
NASDAQ
Scientific & Technical Instruments
$76.99M$4.891.03%$2.28M69.86x0.41
ESE
ESCO TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$2.70B$105.00-5.79%$189.28M27.49x0.53
VNT
VONTIER CORP
NYSE
Scientific & Technical Instruments
$6.27B$40.600.05%$751.30M14.50x3.36
ELSE
ELECTRO SENSORS INC
NASDAQ
Scientific & Technical Instruments
$13.95M$4.07-0.73%$534.00k45.22x0.05
VPG
VISHAY PRECISION GROUP INC
NYSE
Scientific & Technical Instruments
$426.26M$31.92-0.78%$56.40M17.54x0.42
ITRI
ITRON INC
NASDAQ
Scientific & Technical Instruments
$4.92B$107.32-1.12%$281.57M30.58x0.95
CPTN
CEPTON INC
NASDAQ
Scientific & Technical Instruments
$46.17M$2.90-3.33%-$49.23M-0.94x-0.42
BKSY
BLACKSKY TECHNOLOGY INC
NYSE
Scientific & Technical Instruments
$177.66M$1.210.00%$3.95M-3.27x1.57
LUNA
LUNA INNOVATIONS INC
NASDAQ
Scientific & Technical Instruments
$91.69M$2.70-3.57%$5.03M-33.75x0.75
TRMB
TRIMBLE INC
NASDAQ
Scientific & Technical Instruments
$13.96B$56.800.04%$768.60M45.08x1.12
GNSS
GENASYS INC
NASDAQ
Scientific & Technical Instruments
$96.86M$2.202.33%-$11.23M-4.00x0.40
WATT
ENERGOUS CORP
NASDAQ
Scientific & Technical Instruments
$8.76M$1.44-4.00%-$19.18M-0.35x0.45
SOBR
SOBR SAFE INC
NASDAQ
Scientific & Technical Instruments
$4.64M$0.230.43%-$8.97M-0.41x2.05
MVIS
MICROVISION INC
NASDAQ
Scientific & Technical Instruments
$251.09M$1.22-25.00%-$81.79M-2.59x0.32
MIND
MIND TECHNOLOGY INC
NASDAQ
Scientific & Technical Instruments
$6.28M$4.472.52%$3.13M-1.79x0.48
SVRE
SAVERONE 2014 LTD
NASDAQ
Scientific & Technical Instruments
$8.96M$0.644.55%-$32.09M-0.12x1.55
FARO
FARO TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$363.95M$18.95-3.17%-$23.07M-8.46x0.88
WRAP
WRAP TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$65.88M$1.49-1.32%-$14.38M-3.92x0.54
NOVT
NOVANTA INC
NASDAQ
Scientific & Technical Instruments
$5.79B$161.28-0.30%$156.48M83.56x1.07
MSAI
MULTISENSOR AI HOLDINGS INC
NASDAQ
Scientific & Technical Instruments
$30.25M$2.530.80%-$21.12M-0.71x-62.09
COHR
COHERENT CORP
NYSE
Scientific & Technical Instruments
$8.19B$53.69-1.52%$532.28M-18.71x1.22
MKSI
MKS INSTRUMENTS INC
NASDAQ
Scientific & Technical Instruments
$8.77B$130.502.26%-$1.09B-4.89x2.68
FCUV
FOCUS UNIVERSAL INC
NASDAQ
Scientific & Technical Instruments
$19.17M$0.30-1.66%-$4.51M-3.70x0.50
KNW
KNOW LABS INC
NYSEMKT
Scientific & Technical Instruments
$51.25M$0.635.00%-$14.28M-1.70x3.09
ST
SENSATA TECHNOLOGIES HOLDING PLC
NYSE
Scientific & Technical Instruments
$6.38B$42.34-0.70%$494.06M-470.44x1.56
AWIN
AERWINS TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$2.42M$2.62-6.43%-$25.73M-0.09x-1.06

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 62.7% over the past year, overperforming other scientific & technical instrument stocks by 56 percentage points.

Garmin has an average 1 year price target of $159.33, a downside of -5.68% from Garmin's current stock price of $168.93.

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 return 3.12% over the past year, underperforming other scientific & technical instrument stocks by -4 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 6.35% from Keysight Technologies's current stock price of $150.21.

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. Badger Meter (NYSE:BMI)


Badger Meter (NYSE:BMI) is the third best scientific & technical instrument stock with a Zen Score of 48, which is 22 points higher than the scientific & technical instrument industry average of 26. It passed 19 out of 38 due diligence checks and has strong fundamentals. Badger Meter has seen its stock return 41.2% over the past year, overperforming other scientific & technical instrument stocks by 34 percentage points.

Badger Meter has an average 1 year price target of $177.50, a downside of -9.61% from Badger Meter's current stock price of $196.38.

Badger Meter stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Badger Meter, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 1.73%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.67%. 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 1.13%, which is the same as the scientific & technical instrument industry average of 0.67%.

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 0.67%, which is the same as the scientific & technical instrument industry average of 0.67%. 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 down?

Scientific & technical instrument stocks were down -0.58% in the last day, and up 1.46% over the last week. Microvision was the among the top losers in the scientific & technical instruments industry, dropping -25% yesterday.

MicroVision shares are trading lower after the company reported worse-than-expected Q1 GAAP EPS 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. 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 -27.15% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -34 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 46.68% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 40 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 29, which is 13 points higher than the scientific & technical instrument industry average of 16. It passed 2 out of 7 valuation due diligence checks.

Fortive's stock has gained 19.1% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 12 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 6.97% 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 13.06x.
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.