PENGARUH PROFITABILITAS, LIKUIDITAS DAN PERTUMBUHAN PERUSAHAAN TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of profitability, liquidity, and firm growth on stock price of Food and Beverages companies which were listed on Indonesia Stock Exchange (IDX) during 2015-2019. The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 13 companies as the sample. Furthermore, the data analysis technique used multiple linear regression with SPSS. The research result concluded that profitability which was measured by Return On Asset (ROA) had positive and significant effect on stock price of Food and Beverages companies which were listed on Indonesia Stock Exchange (IDX) during 2015-2019. On the other hand, liquidity which was measured by Current Ratio (CR) has a negative and significant effect on stock price of Food and Beverages companies which were listed on Indonesia Stock Exchange (IDX) during 2015-2019. In contrast, firm growth which was measured by Total Asset Growth had a positive but insignificant effect on stock price of Food and Beverages companies which were listed on Indonesia Stock Exchange (IDX) during 2015-2019.
Keywords: profitability, liquidity, firm growth, stock price