PENGARUH PROFITABILITAS TERHADAP HARGA SAHAM EMITEN LQ45 YANG TERDAFTAR DI BEI

Abstract

A company can be stated success in managing its business, when its stock prices continue to increase. On
the contrary, investors can judge that the company has succeeded in managing its company through theperformance of financial statement. In this matter, profitability is one of the important indicators for theinvestor in assessing the prospect of the company in the future. This research is meant to find out, toanalyze, and to test the influence of profitability to the stock price of LQ45’s issuers whic h are listed inIndonesia Stock Exchange. The research is comparative casual research. The samples are 12 LQ45’s
companies which are listed in Indonesia Stock Exchange in 2010-2014 periods. The source of data is thesecondary data in the form of the financial statement of the company. The data analysis technique hasbeen done by using multiple linear regressions analysis. It can be concluded from the result of thisresearch that: (1) profitability has been measured by using NPM, ROA, ROE, ROI and EPSsimultaneously have influence to the stock price of LQ45’s issuers; (2) NPM has positive and it does notsignificant influence to the stock price; (3) ROA has positive and it does not significant influence to the
stock price; (4) ROE has negative and significant influence to the stock price; (5) ROI has negative andsignificant influence to the stock price; (6) EPS has positive and significant influence to the stock price.

Keywords: NPM, ROA, ROE, ROI, Stock Price.