Determinants of LQ 45 Company's Stock Price on The Indonesia Stock Exchange

https://doi.org/10.34308/eqien.v11i03.1059

Authors

  • I Gusti Agung Prabandari Tri Putri Universitas Ngurah Rai
  • Bagus Arya Wijaya Fakultas Ekonomi dan Bisnis/ Manajemen, Universitas Ngurah Rai
  • I Komang Sumerta Fakultas Ekonomi dan Bisnis/ Manajemen, Universitas Ngurah Rai
  • Ni Putu Yuliana Ria Sawitri Fakultas Ekonomi dan Bisnis/ Manajemen, Universitas Ngurah Rai
  • Gusti Ketut Amertayasa Fakultas Ekonomi dan Bisnis/ Manajemen, Universitas Ngurah Rai

Keywords:

Return on Asset, Net Profit Margin, Earning Per Share

Abstract

The purpose of this study is to determine the impact or influence of ROA, NPM and EPS on the Company's Stock Price listed in the LQ45 IDX for the 2017-2021 period. A quantitative approach is used in this study. The population includes a total of 45 LQ45 companies listed on the IDX for the 2017-2021 period. Samples were taken with a sampling target and samples from 27 companies were found. The research data were processed using multiple linear regression analysis techniques. The conclusion of the study is that partially Return on Assets has a positive impact on Stock Price, Net Profit Margin has a positive impact on stock price, and Earning Per Share has a positive impact on Stock Price. Simultaneously ROA, NPM and EPS have a significant impact on the stock price of companies listed in LQ45.

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Published

2022-12-02

How to Cite

Putri, I. G. A. P. T., Wijaya, B. A., Sumerta, I. K., Ria Sawitri, N. P. Y., & Amertayasa, G. K. (2022). Determinants of LQ 45 Company’s Stock Price on The Indonesia Stock Exchange. Eqien - Jurnal Ekonomi Dan Bisnis, 11(03), 522–531. https://doi.org/10.34308/eqien.v11i03.1059