. London Stock Exchange Group (LSE: LSEG) The price of shares dropped this morning by 4% after the company published its results in the first half. This thrilling FTSE 100 It seems that growth reserves have reached several, climbing by only 6% in the last 12 months and 20% in five years. For a company that has been so spectacular in the last decade, it is a bit disappointing.

A recent star past can explain the reaction to today’s numbers. The financial data company is valued at development. When this happens, even a decent set of results may not be in a way needed.

Profits and dividends

The performance was not disappointing. Total income, excluding recovery, increased by 7.8% based on a fixed organic currency, with all divisions ensuring growth. Risk intelligence was 12.2%standing out, and then markets, which increased by 10.7%.

The corrected profit per share increased by 20.1% to 208.9 Pens, and it was reported that EPS increased by almost 90%. The corrected EBITDA increased by 9% to 2.22 billion GBP, raising the margin by 100 base points to 49.5%. The management awarded shareholders of a 14.6% augment in fleeting dividend, up to 47 pence and another redemption of shares worth 1 billion GBP in the second half, 500 million GBP in the first.

Chief Director David Schwimmer said the group is using “Strong and consistent growth”He helped subscriptions and increased market variability. He also pointed to structural growth factors, including the growing global demand for data, artificial intelligence and digitization of markets.

I encourage you to see constant investments in recent products, with 250 platform improvements and progress in it Microsoft All partners.

The valuation is still high

Recently, I wrote about this company on June 13 in an article entitled: “This hot share in growth resolution has gained dividends by 19.5% each year for a decade. “I was really excited about long -term achievements, indicating that its price price increased by 365% over 10 years, while the dividends increased on average 19.45% per year.

However, I felt that the price was too high, with a p/E indicator above 30 (although compared to the powerful 63 earlier). Today’s decline in share prices has reduced it to 27.7, which makes it more tempting.

The dividend performance still looks modest at 1.35%, but as today’s results showed, management has a progressive way of thinking. In the case of long -term income and growth, it remains high -quality business.

Strong opportunity

Despite today’s wobble, I still think that this resource is worth considering. It has the features of a current elaborate, although with a market capital of 51 billion pounds, I think it will not turn into a multi -purpose.

I said in June that I wanted to buy on immersion. It tempts me, but I can hold my horses. The stock market is currently a bit scorching, and the London Stock Exchange is still a bit steep.

17 analysts covering actions set the target median price of 12,850 pens. This would mean an augment of over 30%.

Eighteen of 22 analysts call London Stock Exchange, and two more say buy and two speak. None of them suggests sales. It’s powerful support.

I still think that it is worth considering this business with a long -term view. Let the dust settle on today’s results and then accelerate.