PENGARUH PROFITABILITAS DAN LIKUIDITAS TERHADAP HARGA SAHAM PERBANKAN YANG TERDAFTAR DI BEI

Abstract

Stock prices reflect the company value. If the company achieves a good performance, then the stock of the company will be much in demand by investors. It certainly can be seen in the financial statements published by the company (issuer).This research aims to determine and analyze the influence of Profitability as measured by Return On Asset and Return On Equity and Liquidity Effect as measured by Loan to Deposit Ratio to share price at Banking companies in IDX. The sample that been used is 7 companies from 39 companies which is listed in the Indonesia Stock Exchange during the 2012-2016 period. There are two variables used are stock price as dependent variable, while Profitability and Liquidity as independent variable. The analysis tool used is multiple linear regression analysis. Sampling in this research was done by non-random method with using purposive sampling. The results showed that the variable Return On Asset (ROA) and Return On Equity (ROE) have a significant influence on stock prices, while the Loan To Deposit Ratio variable has no significant influence on the stock prices.
Keywords: Profitability, liquidity and stock price