Pengaruh Earning Per Share, Debt To Equity Ratio, dan Cash Ratio, Terhadap Harga Saham pada Perusahaan Sektor Transportasi dan Logistik yang Terdaftar di Bursa Efek Indonesia Tahun 2019-2021

Abstract

The purpose of this study was to determine the effect or earning per share, debt to equity ratio, and cash ratio on the stock prices of companies in the transportation and logistics sector listed on the Indonesia Stock Exchange in 2019-2021. The research is the decline in the share prices of companies in the transportation and logistics sector which occurred due to COVID-19 and the increase in fuel prices. In collecting data, this study used a purposive sampling technique and the tool used in this study was SPSS 24. From a total population of 30 companies, a sample of 8 companies were used which had the completeness of the required data each year during the study period. Data analysis in this study used multiple regression analysis. The results of this study indicate that the variables debt to equity ratio and cash ratio have no effect on stock prices. Then the earning per share variables has a positive and significant effect on stock prices. The results of testing the coeficient of determination that was carried out obtained an R Square resut of 0,317 or 31,7%.

Keywords: Earning Per Share, Debt to Equity Ratio, Cash Ratio, stock prices