PENGARUH PERTUMBUHAN PENJUALAN, SUKU BUNGA SBI, INFLASI DAN EARNING PER SHARE (EPS) TERHADAP HARGA SAHAM

Abstract

This research is aimed to find out the influence of sales growth, interest rate certificates of Bank Indonesia, inflation, and earning per share (EPS) to the stock price of automotive companies which are listed in Indonesia stock exchange in 2012-2016 periods. The population has been selected by using purposive sampling method and based on the predetermined criteria and 10 automotive companies have been selected as samples. The method analysis has been done by using multiple linear regressions analysis and the SPSS application tools (statistical product and service solutions). The variables are sales growth, interest rate certificates of Bank Indonesia, inflation, and earning per share (EPS) as the independent variables, and stock price as the dependent variable. The results show that earning per share (EPS) gives significant influence to the stock price. Meanwhile, sales growth, interest rate certificates of Bank Indonesia and inflation do not give any significant influence to the stock price. The result of F test indicates that the independent variables has influence to the dependent variable which has been studied.
Keywords: sales growth, interest rate certificates of Bank Indonesia, inflation, earning per share (EPS), stock price