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Best Diagnostic & Research Stocks to Buy Now (2024)
Top diagnostic & research stocks in 2024 ranked by overall Zen Score. See the best diagnostic & research stocks to buy now, according to analyst forecasts for the diagnostics & research industry.

Industry: Diagnostics & Research
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
STRR
STAR EQUITY HOLDINGS INC
NASDAQ
Diagnostics & Research
$14.26M$0.900.00%$26.87M0.56x0.16
FONR
FONAR CORP
NASDAQ
Diagnostics & Research
$109.18M$16.27-1.09%$25.65M10.11x0.32
ICLR
ICON PLC
NASDAQ
Diagnostics & Research
$26.61B$321.801.97%$1.62B38.77x0.81
TMO
THERMO FISHER SCIENTIFIC INC
NYSE
Diagnostics & Research
$228.66B$599.020.71%$11.37B38.28x1.13
IDXX
IDEXX LABORATORIES INC
NASDAQ
Diagnostics & Research
$45.30B$548.535.26%$1.24B52.59x1.14
ENZ
ENZO BIOCHEM INC
NYSE
Diagnostics & Research
$56.35M$1.100.92%$33.74M1.64x0.40
CRL
CHARLES RIVER LABORATORIES INTERNATIONAL INC
NYSE
Diagnostics & Research
$11.98B$232.56-0.11%$1.00B27.20x1.22
DGX
QUEST DIAGNOSTICS INC
NYSE
Diagnostics & Research
$15.64B$140.781.16%$1.70B18.70x1.16
QGEN
QIAGEN NV
NYSE
Diagnostics & Research
$10.25B$45.770.84%$680.17M31.18x0.61
NEOG
NEOGEN CORP
NASDAQ
Diagnostics & Research
$2.88B$13.301.60%$188.76M665.00x0.46
SHC
SOTERA HEALTH CO
NASDAQ
Diagnostics & Research
$3.23B$11.410.09%$426.24M60.05x6.13
A
AGILENT TECHNOLOGIES INC
NYSE
Diagnostics & Research
$45.15B$154.081.85%$1.69B36.51x0.77
LAB
STANDARD BIOTOOLS INC
NASDAQ
Diagnostics & Research
$941.52M$2.53-0.39%-$76.45M-2.50x0.35
FLGT
FULGENT GENETICS INC
NASDAQ
Diagnostics & Research
$675.39M$22.571.12%-$127.63M-4.05x0.09
DHR
DANAHER CORP
NYSE
Diagnostics & Research
$195.14B$263.461.62%$7.54B44.20x0.56
MEDP
MEDPACE HOLDINGS INC
NASDAQ
Diagnostics & Research
$12.58B$405.881.85%$405.89M39.91x1.67
SERA
SERA PROGNOSTICS INC
NASDAQ
Diagnostics & Research
$275.27M$8.430.96%-$32.31M-7.88x0.39
CSTL
CASTLE BIOSCIENCES INC
NASDAQ
Diagnostics & Research
$672.51M$24.361.88%-$17.87M-21.37x0.14
LH
LABORATORY CORP OF AMERICA HOLDINGS
NYSE
Diagnostics & Research
$17.97B$213.210.95%$1.55B41.81x1.08
EXAS
EXACT SCIENCES CORP
NASDAQ
Diagnostics & Research
$9.84B$53.34-1.22%$32.77M-40.41x1.04
PRE
PRENETICS GLOBAL LTD
NASDAQ
Diagnostics & Research
$72.87M$5.97-1.00%-$55.20M-1.07x0.21
NTRA
NATERA INC
NASDAQ
Diagnostics & Research
$13.18B$107.311.70%-$311.83M-34.39x0.85
RVTY
REVVITY INC
NYSE
Diagnostics & Research
$13.24B$107.310.73%$665.40M87.96x0.71
OLK
OLINK HOLDING AB (PUBL)
NASDAQ
Diagnostics & Research
$2.99B$24.011.22%-$21.35M-88.93x0.18
WAT
WATERS CORP
NYSE
Diagnostics & Research
$21.46B$361.790.78%$979.13M35.43x2.59
TWST
TWIST BIOSCIENCE CORP
NASDAQ
Diagnostics & Research
$2.82B$48.360.48%-$155.32M-14.39x0.26
PRPO
PRECIPIO INC
NASDAQ
Diagnostics & Research
$9.17M$6.24-3.85%-$3.37M-1.82x0.30
DRIO
DARIOHEALTH CORP
NASDAQ
Diagnostics & Research
$55.36M$1.856.94%-$50.61M-1.10x0.76
NEO
NEOGENOMICS INC
NASDAQ
Diagnostics & Research
$1.93B$15.13-1.75%$1.33M-22.92x0.78
IQV
IQVIA HOLDINGS INC
NYSE
Diagnostics & Research
$42.58B$233.691.10%$3.27B31.49x3.19
MTD
METTLER TOLEDO INTERNATIONAL INC
NYSE
Diagnostics & Research
$32.46B$1,519.891.59%$1.17B42.40x-21.69
BNR
BURNING ROCK BIOTECH LTD
NASDAQ
Diagnostics & Research
$84.31M$8.232.88%-$71.63M-0.93x0.35
ACRS
ACLARIS THERAPEUTICS INC
NASDAQ
Diagnostics & Research
$84.09M$1.180.00%-$76.72M-1.08x0.23
RDNT
RADNET INC
NASDAQ
Diagnostics & Research
$4.30B$58.242.66%$281.33M176.48x2.17
CDNA
CAREDX INC
NASDAQ
Diagnostics & Research
$769.80M$14.78-3.02%-$175.06M-4.33x0.77
PSNL
PERSONALIS INC
NASDAQ
Diagnostics & Research
$74.27M$1.43-5.92%-$79.45M-0.75x0.62
STIM
NEURONETICS INC
NASDAQ
Diagnostics & Research
$72.89M$2.431.67%-$19.49M-2.56x2.75
XWEL
XWELL INC
NASDAQ
Diagnostics & Research
$7.70M$1.843.37%-$21.66M-0.31x1.77
GH
GUARDANT HEALTH INC
NASDAQ
Diagnostics & Research
$3.15B$25.754.12%-$414.22M-6.50x23.96
NDRA
ENDRA LIFE SCIENCES INC
NASDAQ
Diagnostics & Research
$3.20M$0.290.00%-$9.63M-0.25x0.37
CHEK
CHECK-CAP LTD
NASDAQ
Diagnostics & Research
$12.52M$2.14-2.28%-$19.08M-0.71x0.06
ME
23ANDME HOLDING CO
NASDAQ
Diagnostics & Research
$282.51M$0.59-4.26%-$490.64M-0.53x0.61
DMTK
DERMTECH INC
NASDAQ
Diagnostics & Research
$19.93M$0.57-10.66%-$84.05M-0.21x1.58
OCX
ONCOCYTE CORP
NASDAQ
Diagnostics & Research
$39.43M$2.951.72%-$38.55M-0.58x4.67
XGN
EXAGEN INC
NASDAQ
Diagnostics & Research
$33.18M$1.918.52%-$14.09M-1.75x1.54
MYGN
MYRIAD GENETICS INC
NASDAQ
Diagnostics & Research
$2.23B$24.66-2.76%-$163.70M-8.81x0.46
PRPH
PROPHASE LABS INC
NASDAQ
Diagnostics & Research
$98.06M$5.141.38%-$23.50M-3.78x1.01
BIAF
BIOAFFINITY TECHNOLOGIES INC
NASDAQ
Diagnostics & Research
$21.92M$1.880.53%-$7.92M-2.04x0.53
NOTV
INOTIV INC
NASDAQ
Diagnostics & Research
$58.18M$2.245.66%$19.33M-0.81x2.94
AWH
ASPIRA WOMEN's HEALTH INC
NASDAQ
Diagnostics & Research
$34.61M$2.78-4.14%-$14.60M-1.96x-6.26
VNRX
VOLITIONRX LTD
NYSEMKT
Diagnostics & Research
$65.18M$0.794.93%-$33.26M-1.71x-2.31
MDXH
MDXHEALTH SA
NASDAQ
Diagnostics & Research
$7.68M$2.82-2.26%-$21.40M-0.21x-126.12
GENE
GENETIC TECHNOLOGIES LTD
NASDAQ
Diagnostics & Research
$560.93k$2.43-0.41%N/A-0.82x0.76
MYNZ
MAINZ BIOMED NV
NASDAQ
Diagnostics & Research
$13.50M$0.641.59%-$24.62M-0.39x3.74
ILMN
ILLUMINA INC
NASDAQ
Diagnostics & Research
$18.32B$115.01-0.49%-$640.00M-14.11x0.75
OPK
OPKO HEALTH INC
NASDAQ
Diagnostics & Research
$940.94M$1.353.45%-$128.11M-3.86x0.58
APDN
APPLIED DNA SCIENCES INC
NASDAQ
Diagnostics & Research
$2.91M$2.96-8.07%-$11.10M-0.17x-194.21
PMD
PSYCHEMEDICS CORP
NASDAQ
Diagnostics & Research
$14.92M$2.57-3.02%-$970.00k-3.34x0.78
TRIB
TRINITY BIOTECH PLC
NASDAQ
Diagnostics & Research
$11.73M$1.530.66%-$11.25M-0.48x-3.48
BDSX
BIODESIX INC
NASDAQ
Diagnostics & Research
$174.90M$1.532.01%-$32.10M-2.82x-16.85
MMA
ALTA GLOBAL GROUP LTD
NYSEMKT
Diagnostics & Research
N/A$4.9012.13%-$16.12M-0.93x-0.55
ISPC
ISPECIMEN INC
NASDAQ
Diagnostics & Research
$2.44M$0.2513.95%-$9.41M-0.19x0.84
TTOO
T2 BIOSYSTEMS INC
NASDAQ
Diagnostics & Research
$52.49M$5.9743.51%-$38.59M-0.52x-1.66
CNTG
CENTOGENE NV
NASDAQ
Diagnostics & Research
$11.04M$0.40-4.76%-$20.95M-0.29x-4.05

Diagnostic & Research Stocks FAQ

What are the best diagnostic & research stocks to buy right now in May 2024?

According to Zen Score, the 3 best diagnostic & research stocks to buy right now are:

1. Star Equity Holdings (NASDAQ:STRR)


Star Equity Holdings (NASDAQ:STRR) is the top diagnostic & research stock with a Zen Score of 46, which is 20 points higher than the diagnostic & research industry average of 26. It passed 18 out of 38 due diligence checks and has strong fundamentals. Star Equity Holdings has seen its stock return 7.14% over the past year, underperforming other diagnostic & research stocks by -4 percentage points.

2. Icon (NASDAQ:ICLR)


Icon (NASDAQ:ICLR) is the second best diagnostic & research stock with a Zen Score of 43, which is 17 points higher than the diagnostic & research industry average of 26. It passed 14 out of 33 due diligence checks and has strong fundamentals. Icon has seen its stock return 56.33% over the past year, overperforming other diagnostic & research stocks by 45 percentage points.

Icon has an average 1 year price target of $344.38, an upside of 7.02% from Icon's current stock price of $321.80.

Icon stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Icon, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Fonar (NASDAQ:FONR)


Fonar (NASDAQ:FONR) is the third best diagnostic & research stock with a Zen Score of 43, which is 17 points higher than the diagnostic & research industry average of 26. It passed 13 out of 33 due diligence checks and has strong fundamentals. Fonar has seen its stock lose -2.28% over the past year, underperforming other diagnostic & research stocks by -14 percentage points.

What are the diagnostic & research stocks with highest dividends?

Out of 7 diagnostic & research stocks that have issued dividends in the past year, the 3 diagnostic & research stocks with the highest dividend yields are:

1. Qiagen Nv (NYSE:QGEN)


Qiagen Nv (NYSE:QGEN) has an annual dividend yield of 2.8%, which is 1 percentage points higher than the diagnostic & research industry average of 1.3%.

Qiagen Nv's dividend payout ratio of 87.2% indicates that its dividend yield is sustainable for the long-term.

2. Quest Diagnostics (NYSE:DGX)


Quest Diagnostics (NYSE:DGX) has an annual dividend yield of 2.05%, which is 1 percentage points higher than the diagnostic & research industry average of 1.3%. Quest Diagnostics's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Quest Diagnostics's dividend has shown consistent growth over the last 10 years.

Quest Diagnostics's dividend payout ratio of 38.2% indicates that its dividend yield is sustainable for the long-term.

3. Laboratory Of America Holdings (NYSE:LH)


Laboratory Of America Holdings (NYSE:LH) has an annual dividend yield of 1.35%, which is the same as the diagnostic & research industry average of 1.3%. Laboratory Of America Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Laboratory Of America Holdings's dividend has not shown consistent growth over the last 10 years.

Laboratory Of America Holdings's dividend payout ratio of 56.5% indicates that its dividend yield is sustainable for the long-term.

Why are diagnostic & research stocks up?

Diagnostic & research stocks were up 1.59% in the last day, and up 9.69% over the last week. T2 Biosystems was the among the top gainers in the diagnostics & research industry, gaining 43.51% yesterday.

T2 Biosystems shares are trading higher after the company announced an $8 million private placement.

What are the most undervalued diagnostic & research stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued diagnostic & research stocks right now are:

1. Star Equity Holdings (NASDAQ:STRR)


Star Equity Holdings (NASDAQ:STRR) is the most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Star Equity Holdings has a valuation score of 71, which is 54 points higher than the diagnostic & research industry average of 17. It passed 5 out of 7 valuation due diligence checks.

Star Equity Holdings's stock has gained 7.14% in the past year. It has underperformed other stocks in the diagnostic & research industry by -4 percentage points.

2. Enzo Biochem (NYSE:ENZ)


Enzo Biochem (NYSE:ENZ) is the second most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Enzo Biochem has a valuation score of 71, which is 54 points higher than the diagnostic & research industry average of 17. It passed 5 out of 7 valuation due diligence checks.

Enzo Biochem's stock has dropped -53.78% in the past year. It has underperformed other stocks in the diagnostic & research industry by -65 percentage points.

3. Fonar (NASDAQ:FONR)


Fonar (NASDAQ:FONR) is the third most undervalued diagnostic & research stock based on WallStreetZen's Valuation Score. Fonar has a valuation score of 71, which is 54 points higher than the diagnostic & research industry average of 17. It passed 5 out of 7 valuation due diligence checks.

Fonar's stock has dropped -2.28% in the past year. It has underperformed other stocks in the diagnostic & research industry by -14 percentage points.

Are diagnostic & research stocks a good buy now?

51.02% of diagnostic & research stocks rated by analysts are a strong buy right now. On average, analysts expect diagnostic & research stocks to rise by 4.38% over the next year.

What is the average p/e ratio of the diagnostics & research industry?

The average P/E ratio of the diagnostics & research industry is 38.76x.
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.