THE EFFECT OF DEBT TO EQUITY RATIO, RETURN ON EQUITY, EARNING PER SHARE TO STOCK PRICE IN FINANCIAL SECTOR COMPANIES
Abstract
This research aims to determine influence of debt to equity ratio, return on equity and earnings per share toward stock price, either partially or simultaneously. This research conduct in financial sector companies listed in BEI period 2019. The affordable population in this research consist of amount to 85 companies and sample used many as 52 companies by using simple random sampling. The data used are secondary data collected were analyzed using multiple linear regression. Based on the results of the discussion it is concluded that the multiple linier regression equation obtained is Y = 6,313 + 0,047X1 + 0,399X2 + 0,272X3. The results of analysis show: (i) there is no significant positive influence between DER with stock price, (ii) there is significant positive influence between ROE and stock price, (iii) there is significant positive result between EPS and stock prices. And basic on the result of the analysis is that DER, ROE and EPS stimultaneously affect stock price.
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