2246 GMT [Dow Jones]--Hansen Technologies continues to offer good value for investors despite Monday's earnings upgrade sending its shares up by 11%, Shaw & Partners says. Hansen raised its FY 2025 cash Ebitda guidance to A$92 million-A$94 million, representing a 16% improvement at the midpoint of the range. Hansen still only trades on a multiple of 12x estimates for its cash Ebitda in FY 2026, analyst Jules Cooper says. That is 15% lower than its own historical average "which arguably doesn't reflect the higher revenue outlook being communicated," Shaw says. "We expect Hansen's stock will continue to re-rate, and it remains a top pick." Hansen ended Monday at A$5.30, well below Shaw's A$7.30/share price target. (david.winning@wsj.com)
(END) Dow Jones Newswires
July 14, 2025 18:48 ET (22:48 GMT)
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