PENGARUH RASIO PROFITABILITAS, SOLVABILITAS, LIKUIDITAS, PASAR DAN PERTUMBUHAN PENJUALAN TERHADAP HARGA SAHAM

Abstract

This research aims to examine the influence of profitability ratios, solvency, liquidity, market and sales growth on stock prices in the garment company through financial statements and company performance that have been prepared by garment companies which is listed in the Indonesia Stock Exchange. Population in this research is obtained by using purposive sampling method at Garment Company in Indonesia Stock Exchange during the 20122015period and based on predetermined criteria hence obtained samples as many as 35 samples. Sources of the data from this research are from STIESIA Stock Corner (School of Economics Indonesia) and Indonesia Stock Exchange (IDX). The analysis method that been used is multiple linear regression analysis with using SPSS (Statistical Product and Service Solutions) application tool. The results of this reseult indicates that the profitability ratio consisting of net profit margin and earning per share which have a significant positive influence on stock prices in the garment company. Solvency indicated by debt to equity ratio has significant negative influence on stock price in garment company. While Liquidity with indicator current ratio have positive influence not significant to stock price of garment company. And sales growth has negative influence is not significant to stock price of garment company.

Keywords: profitability, solvency, liquidity, markets, and stock prices