Pengaruh Likuiditas, Profitabilitas, dan Solvabilitas Terhadap Harga Saham (Studi Kasus Perusahaan Sektor Pertanian yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2018)

Oleh Rido Efendi

Abstract

This research was conducted aiming to determine the effect of liquidity ratios (CR), profitability ratios (EPS), and solvency ratios (DAR) on stock prices. This study takes the object of agricultural sector companies listed on the Indonesia Stock Exchange from 2015 to 2018. While the population in this study is all agricultural sector companies listed on the Indonesia Stock Exchange from 2015 to 2018. From this population, a sample of 21 companies was obtained. The sampling technique used by researchers was purposive sampling using several criteria, namely agricultural sector companies listed on the Indonesia Stock Exchange from 2015 to 2018 and companies that submitted their financial statements during the period 2015 to 2018. The number of samples corresponding to these criteria was obtained by 14 companies. The data analysis tool used by researchers is panel data regression analysis using Eviews 6 software. The results showed that the current ratio had a positive and not significant effect on stock prices, earnings per share had a positive and not significant effect on stock prices and the debt to asset ratio had a positive and not significant effect on stock prices.

Key Words: Liquidity Ratio (CR); Profitability Ratio (EPS); Solvency Ratio (DAR); Stock Prices.