Pengaruh Solvabilitas Dan Profitabilitas Terhadap Harga Saham Perusahaan Manufaktur Yang Terdaftar Di BEI Tahun 2014-2018

Abstract

The purpose of this study was to determine whether solvency and profitability affect the stock prices of manufacturing companies listed on the Indonesia Stock Exchange. The research sample was taken using purposive sampling method. The source of the research data comes from the annual financial statements and stock prices at the close of manufacturing companies listed on the Indonesia Stock Exchange in 2014-2018. In this study solvency is proxied by Debt to Equity Ratio (DER) while profitability is proxied by Earning Per Share (EPS). Data analysis uses classical assumption test analysis, descriptive statistics. Hypothesis test uses multiple linear regression test, t test, F test and coefficient of determination test. F test results show that simultaneous DER and EPS significantly influence the stock prices of manufacturing companies listed on the Indonesia Stock Exchange in 2014-2018. T test results indicate that DER does not significantly influence stock prices because t arithmetic 0.190 <t table 1.982 with a significance value of 0.850> α 0.05. While EPS has a significant effect on stock prices as indicated by the value of t count 10.647> t table 1.982 with a significance value of t 0.000 <α 0.05