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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
$32.76B$170.550.38%$1.48B23.95x0.19
KEYS
KEYSIGHT TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$27.18B$155.702.77%$1.56B28.41x0.88
BMI
BADGER METER INC
NYSE
Scientific & Technical Instruments
$5.76B$195.980.91%$162.77M56.15x0.39
FTV
FORTIVE CORP
NYSE
Scientific & Technical Instruments
$27.38B$77.790.41%$1.64B30.39x0.67
MLAB
MESA LABORATORIES INC
NASDAQ
Scientific & Technical Instruments
$639.73M$118.600.41%$38.93M697.65x0.84
TDY
TELEDYNE TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$19.14B$403.521.90%$1.34B21.51x0.57
CGNX
COGNEX CORP
NASDAQ
Scientific & Technical Instruments
$8.14B$47.440.74%$151.74M81.79x0.35
SOTK
SONO TEK CORP
NASDAQ
Scientific & Technical Instruments
$77.94M$4.95-0.40%$2.28M70.71x0.41
ESE
ESCO TECHNOLOGIES INC
NYSE
Scientific & Technical Instruments
$2.76B$107.302.20%$189.28M28.09x0.53
VNT
VONTIER CORP
NYSE
Scientific & Technical Instruments
$6.25B$40.500.75%$751.30M14.46x3.36
ITRI
ITRON INC
NASDAQ
Scientific & Technical Instruments
$4.99B$108.861.48%$281.57M31.01x0.95
VPG
VISHAY PRECISION GROUP INC
NYSE
Scientific & Technical Instruments
$430.93M$32.272.41%$56.40M17.73x0.42
ELSE
ELECTRO SENSORS INC
NASDAQ
Scientific & Technical Instruments
$13.92M$4.060.87%$534.00k45.11x0.05
CPTN
CEPTON INC
NASDAQ
Scientific & Technical Instruments
$45.06M$2.83-2.08%-$41.01M-1.10x-0.36
TRMB
TRIMBLE INC
NASDAQ
Scientific & Technical Instruments
$14.17B$57.681.03%$768.60M45.78x1.12
LUNA
LUNA INNOVATIONS INC
NASDAQ
Scientific & Technical Instruments
$97.12M$2.861.78%$5.03M-35.75x0.75
BKSY
BLACKSKY TECHNOLOGY INC
NYSE
Scientific & Technical Instruments
$173.26M$1.180.85%$3.95M-3.19x1.57
WATT
ENERGOUS CORP
NASDAQ
Scientific & Technical Instruments
$10.46M$1.602.56%-$19.12M-0.44x0.83
GNSS
GENASYS INC
NASDAQ
Scientific & Technical Instruments
$88.74M$1.99-0.50%-$14.68M-3.21x0.46
MVIS
MICROVISION INC
NASDAQ
Scientific & Technical Instruments
$261.42M$1.27-9.64%-$81.79M-2.69x0.32
SVRE
SAVERONE 2014 LTD
NASDAQ
Scientific & Technical Instruments
$9.05M$0.651.72%-$32.09M-0.12x1.55
MIND
MIND TECHNOLOGY INC
NASDAQ
Scientific & Technical Instruments
$6.16M$4.381.51%$3.13M-1.75x0.48
FARO
FARO TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$368.94M$19.212.40%-$23.07M-8.58x0.88
NOVT
NOVANTA INC
NASDAQ
Scientific & Technical Instruments
$6.03B$167.901.99%$156.48M86.99x1.07
COHR
COHERENT CORP
NYSE
Scientific & Technical Instruments
$8.70B$57.080.76%$532.28M-19.89x1.22
SOBR
SOBR SAFE INC
NASDAQ
Scientific & Technical Instruments
$4.96M$0.255.98%-$8.84M-0.40x3.60
MKSI
MKS INSTRUMENTS INC
NASDAQ
Scientific & Technical Instruments
$8.65B$128.753.37%-$1.09B-4.83x2.68
WRAP
WRAP TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$71.18M$1.61-1.83%-$14.38M-4.24x0.54
FCUV
FOCUS UNIVERSAL INC
NASDAQ
Scientific & Technical Instruments
$19.37M$0.300.34%-$4.70M-3.74x1.10
ST
SENSATA TECHNOLOGIES HOLDING PLC
NYSE
Scientific & Technical Instruments
$6.48B$43.020.77%$494.06M-478.00x1.56
KNW
KNOW LABS INC
NYSEMKT
Scientific & Technical Instruments
$59.69M$0.70-0.14%-$14.15M-2.05x-3.82
AWIN
AERWINS TECHNOLOGIES INC
NASDAQ
Scientific & Technical Instruments
$5.81M$6.28131.73%-$25.73M-0.22x-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 64.27% over the past year, overperforming other scientific & technical instrument stocks by 54 percentage points.

Garmin has an average 1 year price target of $165.17, a downside of -3.16% from Garmin's current stock price of $170.55.

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 4.64% over the past year, underperforming other scientific & technical instrument stocks by -5 percentage points.

Keysight Technologies has an average 1 year price target of $159.75, an upside of 2.6% from Keysight Technologies's current stock price of $155.70.

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 46, which is 20 points higher than the scientific & technical instrument industry average of 26. It passed 18 out of 38 due diligence checks and has strong fundamentals. Badger Meter has seen its stock return 42.44% over the past year, overperforming other scientific & technical instrument stocks by 32 percentage points.

Badger Meter has an average 1 year price target of $177.50, a downside of -9.43% from Badger Meter's current stock price of $195.98.

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 1.71%, which is 1 percentage points higher than the scientific & technical instrument industry average of 0.68%. 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 0.68%.

Sensata Technologies Holding's dividend payout ratio of -533.3% 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 0.77%, which is the same as the scientific & technical instrument industry average of 0.68%. 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 50% indicates that its dividend yield is sustainable for the long-term.

Why are scientific & technical instrument stocks up?

Scientific & technical instrument stocks were up 1.71% in the last day, and up 2.46% 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 -24.94% in the past year. It has underperformed other stocks in the scientific & technical instrument industry by -35 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 42.41% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 32 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 18.46% in the past year. It has overperformed other stocks in the scientific & technical instrument industry by 8 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 5.16% 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 13.4x.
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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.