scholarly journals Faktor-Faktor yang Memengaruhi Harga Saham PT London Sumatra Indonesia Tbk.

Author(s):  
Ha Sudoni ◽  
Eti Suminartika ◽  
Ernah Ernah

Perkebunan kelapa sawit dengan komoditas utama minyak sawit atau Crude Palm Oil (CPO) merupakan sektor strategis dalam perekonomian Indonesia dengan memberikan kontribusi di tahun 2017 senilai USD 18,28 milyar atau 9,6 % terhadap ekspor nasional. Meski demikian sepanjang tahun 2010 sampai dengan tahun 2018 harga CPO dalam trend menurun. Penurunan harga CPO ini sejalan dengan penurunan harga saham perkebunan kelapa sawit di Bursa Efek Indonesia. PT London Sumatra Indonesia Tbk merupakan salah satu perusahaan perkebunan kelapa sawit yang harga sahamnya mengalami penurunan. Oleh karena itu investor yang akan berinvestasi di sektor perkebunan melalui bursa efek perlu melakukan penilaian dalam pengambilan keputusan investasi. Penelitian ini bertujuan mengidentifikasi faktor-faktor yang memengaruhi harga saham PT London Sumatra Indonesia Tbk. Hasil penelitian dengan menggunakan alat analisis regresi linier berganda didapat faktor-faktor yang memengaruhi harga saham PT London Sumatra Indonesia Tbk adalah harga CPO, harga saham market leader, kurs rupiah, Return On Equity dan Earning Per Share.Kata Kunci: Harga saham, Harga CPO, Saham market leader, Return On Equity, Earning Per ShareABSTRACTOil palm plantations with the main commodity palm oil or Crude Palm Oil (CPO) are a strategic sector in the Indonesian economy by contributing in 2017 valued at USD 18.28 billion or 9.6% of national exports. However, throughout 2010 up to 2018 CPO prices were in a downward trend. The decline in CPO prices is in line with the decline in the prices of oil palm plantations on the Indonesia Stock Exchange. PT London Sumatra Indonesia Tbk is a palm oil plantation company whose share price has decreased. Therefore investors who will invest in the plantation sector through the stock exchange need to make an assessment in making investment decisions. This study aims to identify the factors that influence the stock prices of PT London Sumatra Indonesia Tbk. The results of the study using multiple linear regression analysis tools obtained factors that influence the price of PT London Sumatra Indonesia Tbk stock prices are CPO prices, market leader stock prices, rupiah exchange rates, Return On Equity and Earning Per Share.Keywords: Stock price, CPO price, Market leader stock, Return On Equity, Earning Per Share

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).


2021 ◽  
Vol 3 (2) ◽  
pp. 309-314
Author(s):  
Ade Onny Siagian ◽  
Hadion Wijoyo ◽  
Yoyok Cahyono

This research aims to determine: The influence of Current Ratio (CR), Debt to Asset Ratio (DAR), and Return on Equity (ROE) either partially or simultaneously on Stock Price of pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) 2016-2019 period. Data were taken from the Indonesia Stock Exchange (IDX) website. Analysis prerequisite test including normality test, multicollinearity, heteroscedasticity, and autocorrelation. Data analysis  technique used is multiple linear regression analysis. Statistical results also show that the current ratio (X1) and return on equity (X3) partially have a positive and significant effect on stock prices (Y). Debt to asset ratio (X2) partially does not have a significant effect on stock prices (Y). Simultaneously current ratio (X1), debt to asset ratio (X2), and return on equity (X3) have a positive and significant effect on stock prices (Y).


2021 ◽  
Vol 4 (2) ◽  
pp. 540-546
Author(s):  
Eka Sholeha Thea ◽  
Hari Sulistyo

Share Price is a reflection of the successful management of the company. A high share price will provide benefits, namely in the form of capital gains and a better image for the company so that it will attract investors to invest in the company. This study aims to determine whether there is an influence between liquidity, solvency and profitability on stock prices either partially or simultaneously. The research sample taken was 11 companies from a total of 19 plantation subsector companies that were listed on the Indonesia Stock Exchange in 2016-2018 with the sampling technique used was purposive sampling technique. The research method used is descriptive and verification, where descriptive uses descriptive statistics and verification uses multiple linear regression analysis and the coefficient of determination. The results of this study partially Current Ratio has no effect on stock prices, Debt to Equity Ratio has a negative effect on stock prices and Return on Equity has negative effects on stock prices. Keywords: Stock Price, Liquidity, Solvency, Profitability


2021 ◽  
Vol 1 (4) ◽  
pp. 393-398
Author(s):  
Ono Tarsono

This study aims to analyze DER, ROE, on stock prices on the Indonesia Stock Exchange during the 2015-2019 period. The analytical research technique used is multiple linear regression analysis. The results of this study indicate that the Debt Equity Ratio, Return On Equity, Net Profit Margin have an effect on stock prices . Based on the coefficient of determination of the influence of Debt Equity Ratio, Return On Equity, Net Profit Margi has an influence of 54.6%. It is recommended that investors and potential investors if they want to invest are expected to be able to see and analyze the ratios that affect the overall stock price.    


Author(s):  
Melpa Riani ◽  
Iskandar Muda ◽  
Endang Sulistya Rini

This study aims to determine the effect of financial performance on stock prices of infrastructure, utility and transportation companies listed on the Indonesia Stock Exchange. The variables used in this study are stock price as the dependent variable and Current Ratio, Debt to Equity Ratio, Total Assets Turnover, Net Profit Margin, Return on Equity and Price Earning Ratio as independent variables with Earning Growth as a moderating variable. The samples taken were thirty infrastructure, utility and transportation companies listed on the Indonesia Stock Exchange (BEI) in 2010-2019. The data used are the financial statements of each sample company, published through www.idx.co.id and www.financeyahoo.com. The method of analysis used in this research is a quantitative method, with classical assumption testing, and statistical analysis, namely multiple linear regression analysis using a random-effects model. The sampling method used was purposive sampling. The results of this study show that the financial ratios consisting of the TATO, NPM, ROE and PER ratios partially have a positive and significant effect on stock prices. In contrast, CR and DER have no significant effect on stock prices. Earning Growth variable is only able to moderate the effect of NPM on stock prices.


2022 ◽  
Vol 18 (1) ◽  
pp. 141-159
Author(s):  
Yuniar Fitriyani

The purpose of this study was to analyze the effect of independent variables, profitability proxied by Return On Equity (ROE) and solvency proxied by Debt to Assets Ratio (DAR) on the dependent variable, namely stock prices. The population in this study were 45 companies in the LQ45 category listed on the Indonesia Stock Exchange. Sampling in this study using purposive sampling method, namely as many as 31 companies that are consistently indexed LQ45 on the Indonesia Stock Exchange (IDX) during the 2015-2019 period with the amount of data processed after the outlier process as many as 129 samples. The analysis test model used in this hypothesis is multiple linear regression analysis. The results showed that profitability (ROE) had no effect on stock prices, solvency (DAR) had no effect on stock prices, and simultaneously (ROE) and solvency (DAR) had no effect on company stock prices. Keywords: Stock Price, Return on Equity (ROE), Debt to Assets Ratio (DAR)


2021 ◽  
Vol 1 (1) ◽  
pp. 1-14
Author(s):  
Nur Alam ◽  
Nur Aida ◽  
Afiah Mukhtar

This study examines the effect of financial ratios on Food and Beverage stock prices (F&B). The study uses a sample of Food and Beverage firms listed on the IDX period 2017-2019. By the 31 companies as the population, we decided the sample just 14 F&B companies; the study's total sample was 42 financial statements and annual reports with the purposive sampling method. Hypothesis testing was used in this study using multiple linear regression analysis. This study indicates that Return on Equity (ROE) has a significant positive effect on stock prices. In contrast, Return on Assets (ROA), Net Profit Margin (NPM), Current Ratio (CR), Debt to Equity Ratio (DER), and Debt to Assets Ratio (DAR) partially has no significant effect on stock prices. Therefore, first, the company should pay attention to the level of the company's liability. The ratios related to the comparison with debt tend to be at a safe point from financial distress to increase the company's share price, especially in the food and beverage sub-sector. Secondly, for investors to invest in companies, especially the food and beverage sector, they need to pay attention to Return on Equity (ROE) because it significantly affects its stock price with this ratio.


2021 ◽  
Vol 8 (8) ◽  
pp. 407-415
Author(s):  
Tri Hartati Sukartini Hulu ◽  
Idhar Yahya ◽  
Tarmizi .

The study aims to analyze fundamental financial factors and systematic risks to the share prices of pharmaceutical companies listed on the Indonesia stock exchange. This study uses the company's share price as a dependent variable and returns on Return on Equity (ROE), Earning Per Share (EPS), Price Earning Ratio (PER), Price to Book Value (PBV), Debt to Equity Ratio (DER) and Beta stock as independent variables. Samples were taken as many as nine pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) in 2010-2019. The data used in the financial statements of each sample company, published through www.IDX.co.id and www.financeyahoo.com. The analysis method used in this study is a quantitative method, with classic assumption testing and statistical analysis that is multiple linear regression analysis using a standard effect model. The sampling method used is saturated sampling. The analysis results showed that the financial ratio consisting of ROE, DER, and the Beta stock had a negative effect and did not significantly affect the stock price. EPS has a negative and significant effect on the stock price, while PER and PBV have a positive and insignificant effect on the stock price. Keywords: Return on Equity (ROE), Earning Per Share (EPS), Price Earning Ratio (PER), Price to Book Value (PBV), Debt to Equity Ratio (DER), Beta Stock and Stock Price.


2020 ◽  
Vol 2 (1) ◽  
pp. 1-18
Author(s):  
Eki Setyoningrum

This research was conducted to determine the effect of profitabilityand liquidity on stock prices. The independent variables used are returnon assets, return on equity, current ratio, and quick ratio. The population inthis study is non-financial LQ-45 companies registered in succession in 2016–2018. This study uses secondary data derived from financial statementsthat can be accessed on the Indonesia Stock Exchange. This research methoduses multiple linear regression analysis. The sampling technique used waspurposive sampling where the samples obtained in the study were 87 companies.The results showed that (1) return on assets has a positive effect onstock prices; (2) return on equity has a negative effect on stock prices; (3)current ratio has no effect on stock prices; (4) quick ratio has a negativeeffect on stock prices. But simultaneously return on assets, return on equity,current ratio, and quick ratio affect the stock price of 37.4%, while theremaining 62.6% comes from other variables that are not contained in thisresearch model.


2021 ◽  
Vol 1 (2) ◽  
pp. 61-74
Author(s):  
Nur Alam ◽  
Nur Aida ◽  
Afiah Mukhtar

This study examines the effect of financial ratios on Food and Beverage stock prices (F&B). The study uses a sample of Food and Beverage firms listed on the IDX period 2017-2019. By the 31 companies as the population, we decided the sample just 14 F&B companies; the study's total sample was 42 financial statements and annual reports with the purposive sampling method. Hypothesis testing was used in this study using multiple linear regression analysis. This study indicates that Return on Equity (ROE) has a significant positive effect on stock prices. In contrast, Return on Assets (ROA), Net Profit Margin (NPM), Current Ratio (CR), Debt to Equity Ratio (DER), and Debt to Assets Ratio (DAR) partially has no significant effect on stock prices. Therefore, first, the company should pay attention to the level of the company's liability. The ratios related to the comparison with debt tend to be at a safe point from financial distress to increase the company's share price, especially in the food and beverage sub-sector. Secondly, for investors to invest in companies, especially the food and beverage sector, they need to pay attention to Return on Equity (ROE) because it significantly affects its stock price with this ratio.


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