PENGARUH LEVERAGE PERTUMBUHAN PENJUALAN DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015 – 2019

Abstract

The company is said to be succesfull in managing its business if the share price continues to increase.
On the other hand, ivestors can judge that the company succesfull manages its company through its
financial performance, therefore, the invetors would be attracted to invest in the company. This
research aimed to analyze leverage, sales growth, and profitability to the stock price. The data of this
research used quantitatively. This research use secondary data in the form of a company’s financial
statements. Furthemore, the population of the research used Food and Beverage company listed on the
Indonesia Stock Exchange during the 2015-2019 periods, while the sample collection technique of this
research used purposive sampling, therefore, it obtained 12 samples from 29 Food and Beverage
Companies.
The analysis tecnique of this research used multiple linier regression analysis. Moreover, the result of
this research showed that Leverage (DER) had a negative effect on the stock price at Food and
Beverage company listed on Indonesia Stock Exchange in 2015-2019 periods; Meanwhile, the sales
growth had positive but insignificant on the stock price at Food and Beverage company on Indonesia
Stock Exchange in 2015-2019 periods; and profitability (ROA) had a positive and significant effect on
the stock price at Food and Beverage company listed on Indonesia Stock Exchange in 2015-2019
periods.
Keywords: Leverage, sales growth, profitability, stock price