PENGARUH RETURN ON EQUITY, EARNING PERSHARE DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM PADA PERUSAHAAN FOOD AND BEVERAGES YANG TERDAFTAR DI BEI

Abstract

This research aimed to find out the effect of profitability and leverage on the stock price. While, profitability was referred to return on equity (ROE) and earning per share (EPS). Meanwhile, leverage to debt to equity ratio (DER). Moreover, the population was food and beverages companies which were listed on Indonesia Stock Exchange within 5 years (2014-2018). The research was comparative causal with a total population of food and beverage companies of 24 companies, furthermore, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 6 companies as sample. In addition, the data analysis technique used multiple linear regression with SPSS 21 (Statistical Product and Service Soluction). According to t-test, it concluded return on equity (ROE) had positive effect on the stock price. Likewis e, earning per share (EPS) had positive and significant effect on the stock price. On the other hand, debt to equity ratio (DER) had positive but insignificant effect on stock price.
Keywords : return on equity (ROE), earning per share (EPS), debt to equity ratio (DER), stock price.