Information technology services provider, CACI International Inc. CACI will showcase the wide array of its state-of-the-art maritime warfare solutions in the Sea-Air-Space Exposition in National Harbor, MD, early next month. This annual event is likely to attract the top brass and key decision makers of the U.S. defense industrial base and private-sector companies. Consequently, the company can expect to generate a healthy order schedule.

Based in Arlington, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Over the years, the company successfully provided support services to the U.S. federal forces.

A leader in IT outsourcing for the U.S. federal government, CACI International has ample exposure to the rapidly growing Department of Defense and Department of Homeland Security budgets. The company uses a significant portion of the funds for the manufacture of systems that helps in the sharing of critical information among all intelligence agencies.

Despite the industry-leading position, CACI International underperformed the Zacks categorized Computer Services industry in the last three months. The stock declined 4.8% as against a 0.2% gain of the broader industry. Whether the Sea-Air-Space Exposition 2017 can turn the tables with a solid order pattern, remains to be seen.

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Moving forward, CACI International intends to drive operational excellence by intensively focusing on its organic and inorganic growth strategy and strengthening its existing customer relationships while building newer ones. In addition, the company anticipates significantly benefiting from its cost-reduction program. CACI International also remains focused on its strategy to grow in larger markets, drive operational excellence, and leverage mergers and acquisitions to further increase its market share and create long-term value for its shareholders.

CACI International currently has a Zacks Rank #2 (Buy). Some other favorably ranked stocks in the industry include CGI Group Inc. GIB, Scientific Games Corporation SGMS and Ebix Inc. EBIX. While CGI and Scientific Games carry a Zacks Rank #2, Ebix sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

CGI has a long-term earnings growth expectation of 8% and is currently trading at a forward P/E of 16.32x.

Scientific Games has a long-term earnings growth expectation of 44.2%. It surpassed estimates twice in the trailing four quarters with an average positive earnings surprise of 1.6%.

Ebix has a long-term earnings growth expectation of 10%. It topped estimates in each of the trailing four quarters with an average positive earnings surprise of 14.4%.

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