Analisis pengaruh kinerja keuangan terhadap harga saham : Studi pada perusahaan LQ 45 yang terdaftar di Bursa Efek Indonesia tahun 2012-2017

INDONESIA:

Seiring dengan perkembangan teknologi berkembang pula pasar modal yang ada di Indonesia. Oleh karena itu perlu adanya investasi yang bisa menguntungkan, salah satunya dengan investasi saham di pasar modal. Investor perlu menilai seberapa baik dan buruknya perusahaan dengan melihat kinerja keuangan. Salah satu cara untuk melihat kinerja keuangan adalah dengan menilai laporan keuangan tersebut.

Tujuan penelitian ini adalah untuk mengetahui pengaruh kinerja keuangan yang di ukur menggunakan Return On Asset (ROA), Net Profit Margin (NPM), Debt to Equity Ratio (DER), Earning Per Share (EPS), dan Price Earning Ratio (PER) terhadap harga saham baik secara simultan maupun parsial.

Penelitian ini menggunakan pendekatan kuantitatif deskriptif. Subyek penelitian adalah perusahaan yang terdaftar di LQ 45 periode 2012-2017. Teknik pengumpulan sampel menggunakan purposive sampling, dengan sampel 12 perusahaan. Sumber data diperoleh melalui data sekunder. Analisis data menggunakan regresi data panel dengan bantuan software Eviews 9.0.

Hasil penelitian menunjukkan bahwa Return On Asset (ROA), Net Profit Margin (NPM), Debt to Equity Ratio (DER), Earning Per Share (EPS) PER berpengaruh secara simultan terhadap harga saham. Secara parsial Return On Asset (ROA), Net Profit Margin (NPM), Debt to Equity Ratio (DER), dan Price Earning Ratio (PER) berpengaruh signifikan terhadap harga saham. Sedangkan Earning Per Share (EPS) tidak berpengaruh terhadap harga saham.

ENGLISH:

Along with the development of technology, there is also development of capital market in Indonesia. Therefore, that needs for investments that can be profitable. One of that is stock investment. Investors need to assess how good and bad the company by looking the financial performance. One way to asses the financials performance is by assesing the financials statement.

The purpuse of this study was to investigated the effect of financial performance that way measured using Return On Assets, Net Profit Margin, Debt to Equity Ratio, Earning Per Share, and Price Earning Ratio toward price of stock simultaneously or partially.

This study uses a quantitative descriptive approach. The subject are companies that had been registered in LQ 45 for 2012-2017 period. The technique of collecting data source in obtained through secondary data. With of 12 samples of companies. The data source is obtained through secondary data. Data analysis uses panel data regression.

The results of this study show that Return On Assets , Net Profit Margin, Debt to Equity Ratio, Earning Per Share, effect simultaneously on stocks prices. Partially Return On Assets, Net Profit Margin, Debt to Equity Ratio , and Price Earning Ratio have significant effect on stock prices. While Earning Per Share does not effect the stock price.