scholarly journals ANALISIS HARGA SAHAM DAN EARNING PER SHARE (EPS) TERHADAP BID ASK SPREAD PADA SAHAM SYARIAH PERUSAHAAN PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI ISSI PERIODE 2014 - 2017

2020 ◽  
Vol 6 (8) ◽  
pp. 1537
Author(s):  
Anggraeni Dwi Briliantini ◽  
Ari Prasetyo

This study aims to analyze the effect of stock prices and earnings per share on bid ask spread on sharia shares of property and real estate companies listed in ISSI for the period 2014-2017 both partially and horizontally. This study uses a population of property and real estate companies registered at the ISSI. This study uses a sample of 26 samples of property and real estate companies registered with the ISSI where the sampling technique uses purposive sampling technique. The observation period in this study starts from the period 2014 - 2017. Based on the results of the study, the best estimation model used is the common effect model (CEM), this indicates that the variable share price and earnings per share (EPS) have a significant and simultaneous influence towards bid ask spread of sharia shares of property and real estate companies registered in ISSI for the period 2014 - 2017. The results of the research partially indicate that the stock price variable has a significant negative effect on the bid ask spread of sharia stock property and real estate companies registered in the ISSI period 2014-2017, while the earnings per share (EPS) variable has no influence and is significant towards bid ask spread of sharia shares of property and real estate companies registered in ISSI for the period 2014 - 2017.Keywords: Stock Price, Earning Per Share (EPS), property and real estate companies, ISSI

2019 ◽  
Vol 2 (2) ◽  
pp. 356-362
Author(s):  
Debora Silitonga ◽  
Putri Delima S.I Siregar ◽  
Rijal Siahaan ◽  
Andi Pranata Ginting ◽  
Rosmita Sari Siregar

The stock price is the price of a stock that occurs on the stock market, at a certain time determined by the market actor and determined by the demand and supply of the shares concerned in the capital market. This study aims to examine the effect of earnings per share, total asset turn over and sales growth on stock prices in the property and real estate sector companies listed on the Indonesia Stock Exchange (IDX). The population in this study was 47 companies and made a sample of 21 companies with purposive sampling technique. This study uses multiple linear regression analysis. The results of simultaneous research have an effect on stock prices. Partially earnings per share has a significant effect on stock prices, while total asset turnover and sales growth have no significant effect on stock prices. Simultaneously earnings per share, total assets turn over and sales growth have a significant effect on stock prices.  Keywords: Earning Per Share, Total Assets Turn Over, Sales Growth, Stock Price


Author(s):  
Jonatan Romeldo Pardomuan Hasiholan ◽  
Lorina Siregar Sudjiman

This study aims to determine the effect of Earning per Share (EPS) and Sales Growth on stock prices. The population in this study are all industrial companies in the household appliances sub-sector that went public on the Indonesia Stock Exchange in the period 2015 to 2019. Sampling in this study used a purposive sampling technique with 15 corporate annual financial statement data. The analysis technique in this study uses multiple linear regression to obtain a comprehensive picture of the relationship between variables. Earnings per Share (EPS) has a positive but not significant effect on the share prices of the household appliances sub-sector companies listed on the Indonesia Stock Exchange in the period 2015 - 2018. This is evidenced by the regression coefficient X1 of 1,554 and a significance value of 0.105. This is evidenced by the regression coefficient X1 -186,678 and a significance value of 0.447. So that if there is an increase in sales growth in the household appliances sub-sector, it will not affect the stock price. The result of the Adjusted R2 test in this study is 0.212. This shows that the share price of household appliances sub-sector companies listed on the Indonesia Stock Exchange in the period of 2015 - 2019 was influenced by 21.2% by EPS and sales growth.


ProBank ◽  
2018 ◽  
Vol 3 (2) ◽  
pp. 17-21
Author(s):  
Heriyanta Budi Utama ◽  
Florianus Dimas Gunurdya Putra Wardana

The purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015. The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression. The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share priceThe purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015.The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression.The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share price


Author(s):  
Desi Nurul Hikmati Ilahiyah

On investing in the capital market one thing that must be considered is the stock price. The price of shares offered on a stock exchange is related to the achievements of the company. The share price can be purchased by earnings per share (EPS) and sales growth. The purpose of this study was to study the effect of earnings per share (EPS) and sales growth on the stock prices of pharmaceutical companies listed on the Indonesian stock exchange (IDX). The population in this study were 11 pharmaceutical companies that were accepted on the Stock Exchange and sampled through purposive sampling techniques as many as 9 companies in the 2015-2019 period. This study uses multiple linear regression analysis. EPS partial research results positive and significant EPS on EPS stock prices EPS has tcount (54,435)> ttable (2,02439), on the other hand, partial sales growth, positive and significant effect on stock prices, economic growth, thitung sales value ( -3,525) table (-2.02439). Simultaneous EPS and positive and significant growth in stock prices due to the results obtained Fcount (1560,773)> Ftable (3.25).


2017 ◽  
pp. 62-74
Author(s):  
Ruminsar Nainggolan ◽  
Donalson Silalahi

ABSTRACT The purpose of this study is to determine the effect of stock trading volume and stock prices on bid-ask spreads on manufacturing companies listed on the Indonesia Stock Exchange. The population in research is 155 companies and by using purposive sampling as sampling technique, then the sample in this research is 46 company. The data used are secondary data and use multiple regression equation as an analytical tool. Based on the results of the research it can be argued that, trading volume and stock prices have a negative and significant effect on the bid-ask spread both before and after the data grouping. The results also show that stock trading in Indonesia Stock Exchange is liquid. Investors or potential investors who want to invest in the capital market should make trading volume and stock price as a reference in making investment decisions, because simultaneously these two variables have a significant effect on bid-ask spreads.


2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Charista Nurul Mafazah

The aim of this research to examine are there impact of ROA, ROE, EPS, PER, and DER as an independent variable whit stock price as dependent variable on 10 real estate companies listed in Indonesia stock exchange and have financial statements in the period 2013–2016 so that the unit of analysis obtained is 40 financial statement list real estate company. The research variable consisted on independent variable in the form of return on asset (X1), return on equity (X2), earning per share (X3), price earning ratio (X4), debt to equity ratio (X5), and stock price (Y) as a dependent variable. Methods of data collection in of this research is the method of documentation. Data analysis technique were use multiple linier regression. Based on the results of regression analysis known that influence of return on asset, return on equity, earning per share, price earning ratio, and debt to equity ratio and simultaneously influence the stock price on the Indonesia stock exchange in period 2013–2016 at 92,8% while the rest influenced by other variables is not examined in this research. Partially, return on asset and earning per share significantly influence to stock prices, while return on equity, price earning ratio, debt to equity ratio but not significant effect on stock prices.


2015 ◽  
Vol 10 (1) ◽  
pp. 16
Author(s):  
Norita Citra Yuliarti

This study aims to examine the fundamental factors of Current Ratio (CR), Leverage Ratio, Net Profit Margin (NPM), Total Assets Turn Over (TATO), Earnings Per Share(EPS)effect on stock price changes on financial companies in Indonesia . The share price is the value of a stock that reflects the wealth of the company issuing the shares, which change or fluctuation is largely determined by the forces of supply and demand occurred in the stock exchange (secondary market). The influence of these factors on stock prices is tested with regression analysis. Study sample is 40 companies listed on the Indonesian stock exchange are selected by purposive sampling.The results of this study indicate that the partial net profit margin of only variable that significantly influence the stock price, while the variable current ratio, leverage ratio, total assets turnover and earnings per shareno significant effect on stock prices. While simultaneously variable Current Ratio (CR), Leverage Ratio, Net Profit Margin (NPM), Total Assets Turn Over (TATO), Earnings Per Share(EPS)significantly influence the stock price. These results indicate that investors in making investment decisions take into consideration the level of stock prices, returns that would be obtained and also consider the ability of illiquid instruments (funds from third parties, received a loan of more than three months, and core capital) against liabilities (current debt ) company. Keywords: Stock Price, Current Ratio(CR), LeverageRatio, Net ProfitMargin(NPM), TotalAssetsTurn Over(TATO), Earnings Per Share(EPS)


2020 ◽  
Vol 1 (3) ◽  
pp. 132-138
Author(s):  
Herlina Lusiana

This study aims to analyze the source of a company's profitability by choosing two main factors namely, Return on Equity (ROE) and Earning per Share (EPS) as the strength and resilience of companies engaged in food and beverage listed on the Indonesia Stock Exchange. This study uses time series data from 2015 to 2018. The dependent variable is the stock price. Meanwhile the independent variables are Return on Equity (ROE) and Earning per Share (EPS). The determination of the sample uses positive sampling, the sampling technique uses two special criteria from researchers. The first criterion, only food and beverage companies that publish financial statements in full during the period 2015 to 2018, and the second criterion, food and beverage companies that have financial statement data in accordance with the studied variables, namely Return on Equity (ROE) and Earning per Share (EPS). Samples that meet the criteria are 11 registered food and beverage companies on the Indonesia Stock Exchange for the period 2015 to 2018. Data analysis techniques using multiple linear regression with the help of the SPSS program.The findings show that Return on Equity (ROE) has a positive and significant impact on stock prices, while Earning per Share (EPS) has an impact negative and significant to stock prices. This finding confirms that strength the profitability of a company through Return on Equity (ROE) affects the stock prices of food and beverage companies in Indonesia. Therefore, it is important to maintain the company's profitability through Return on Equity (ROE) from the investor's perspective, not from the company's view. Meanwhile, interesting findings from a company's profitability through Earning per Share (EPS) do not affect the stock prices of food and beverage companies in Indonesia. Because earnings per share or earning per share (EPS) is obtained from the perspective of the company's financial statements where there are differences in the size and size of the company's expenses other than earning per share (EPS) can turn out to be high if the number of shares outstanding is reduced. Keywords: Profitability, Return on Equity (ROE), Earnings per Share (EPS), Stock Prices, Indonesia stock exchange (IDX)  


Author(s):  
Fita Krisdayanti ◽  
Tuti Zakiyah

The purpose of this study was to determine the effect of Stock Price, Stock Return, Trade Volume and Stock Return Risk partially or simultaneously on the bid ask spread of the LQ45 index companies 2019. The data source used in this study was daily secondary data. The population used in this study are companies listed in the 2019 LQ45 index, totaling 45 companies. The sampling technique used purposive sampling method which resulted in a total sample size of 37 companies and 245 days, thus forming a panel data of 9,065 samples. The analysis technique used is the Fixed Effect Model panel data regression analysis with the help of eviews 10 software application. The results show that: 1) stock prices have a significant effect on the bid ask spread, 2) stock returns have no significant effect on the bid ask spread, 3) volume stock trading has a significant effect on the bid ask spread, 4) the risk of stock return has a significant effect on the bid ask spread, 5) the stock price, stock return, trading volume, and the risk of stock return have a significant effect on the bid ask spread.


2016 ◽  
Vol 11 (1) ◽  
Author(s):  
Yuniep Mujati S, Meida Dzulqodah

abstractThe purpose of this study was to determine whether there is influence: 1) earning per share of the debt to equity ratio; 2) price earnings ratio of the debt to equity ratio; 3) earnings per share to the stock price; 4) price earnings ratio of the stock price; 5) debt to equity ratio to stock prices; 6) earnings per share to share prices through debt to equity ratio; 7) price earnings ratio of the stock price through a debt to equity ratio. The study design used is quantitative descriptive. Secondary data types, method of data collection through the documentation. The population used in this study is the enterprise data food and beverage sector in the Indonesia Stock Exchange (BEI) as many as 17 companies. The sampling technique purposive sampling method. Analysis of data to test the hypothesis in this study using path analysis (Path analys). Based on the analysis can be concluded that: 1) there is significant negative influences of the Earning Per Share (EPS) of the Debt to Equity Ratio (DER); 2) there is no significant positive effect of price earning ratio (PER) of the Debt to Equity Ratio (DER); 3) there is a significant negative influence Earning Per Share (EPS) to share price; 4) there is a significant positive effect Price Earning Ratio (PER) on stock prices; 5) there is a significant positive effect Debt to Equity Ratio (DER) on stock prices; 6) there is indirect influence Earning Per Share (EPS) to share price through the Debt to Equity Ratio (DER) and 7) There is an indirect effect Price Earning Ratio (PER) on stock prices through the Debt to Equity Ratio (DER).Keywords: Earning Per Share (EPS), Price Earning Ratio (PER), Debt to Equity Ratio (DER), the stock price abstrakTujuan dari penelitian ini adalah untuk mengetahui apakah terdapat pengaruh : 1) earning per share terhadap debt to equity ratio; 2) price earning ratio terhadap debt to equity ratio; 3) earning per share terhadap harga saham; 4) price earning ratio terhadap harga saham; 5) debt to equity ratio terhadap harga saham; 6) earning per share terhadap harga saham melalui debt to equity ratio; 7) price earning ratio terhadap harga saham melalui debt to equity ratio. Desain penelitian yang digunakan dalam penelitian ini adalah deskriptif kuantitatif. Jenis data sekunder, metode pengumpulan data melalui dokumentasi. Populasi yang digunakan dalam penelitian ini adalah data perusahaan sektor makanan dan minuman di Bursa Efek Indonesia (BEI) sebanyak 17 perusahaan. Teknik pengambilan sampel dengan metode purposive sampling. Analisis data untuk pengujian hipotesis pada penelitian ini menggunakan analisis jalur (Path Analys). Berdasarkan analisis dan pembahasan dapat disimpulkan bahwa: 1) terdapat pengaruh negatif signifikan Earning Per Share (EPS)  terhadap Debt to Equity Ratio (DER); 2)terdapat pengaruh positif tidak signifikan Price Earning Ratio (PER)  terhadap Debt to Equity Ratio (DER); 3) Terdapat pengaruh negatif signifikan Earning Per Share (EPS)  terhadap harga saham; 4) Terdapat pengaruh positif signifikan Price Earning Ratio (PER)  terhadap harga saham; 5) Terdapat pengaruh positif signifikan Debt to Equity Ratio (DER)  terhadap harga saham; 6) Terdapat pengaruh tidak langsung Earning Per Share (EPS) terhadap harga saham melalui Debt to Equity Ratio (DER)  dan 7) Terdapat pengaruh tidak langsung Price Earning Ratio (PER) terhadap harga saham melalui Debt to Equity Ratio (DER).Kata Kunci : Earning Per Share (EPS), Price Earning Ratio (PER), Debt to Equity Ratio (DER), harga sah


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