The Effect Of Earnings per Share and Sales Growth on Stock Prices in Sub-Sectors of Household Equipments Listed on BEI 2014-2019
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.