PENGARUH KINERJA KEUANGAN, LITERASI KEUANGAN, DAN SENTIMEN PASAR TERHADAP HARGA SAHAM PERUSAHAAN MANUFAKTUR SUBSEKTOR FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research examines the effect of financial performance (Debt to Equity Ratio), financial literacy (Total Asset Turnover), and market sentiment (Price Earnings Ratio) on the stock price at Food and Beverage manufacturing companies listed on the Indonesia Stock Exchange (IDX) during 2019-2023. The Population consists of Food and Beverage manufacturing companies listed on IDX 2019-2023. Furthermore, the data collection technique used saturated sampling with 7 companies as a sample. All members of the population were taken homogenously. The research applies quantitatively with secondary data. Moreover, the data were in the form of annual financial statements and companies’ stock price. The data analysis technique used multiple linear regression with SPSS 26 version. The result shows that financial performance has a positive and significant effect on stock price. However, financial literacy has a negative and insignificant effect on stock price. Meanwhile, market sentiment has a positive and significant effect on stock price at Food and Beverage manufacturing companies.
Keywords: financial performance, financial literacy, market sentiment, and stock price.