The stock witnessed two upward estimate revisions in the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for ViaSat. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.
ViaSat carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the wireless equipment industry include InterDigital, Inc. (IDCC), Mitel Networks Corporation (MITL) and Nokia Corporation (NOK). While InterDigital sport a Zacks Rank #1 (Strong Buy), Mitel Networks and Nokia Corporation hold a Zacks Rank #2 (Buy).
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