ANALYZE EFFECT OF DEBT TO EQUITY RATIO, NET PROFIT MARGIN, AND EARNING PER SHARE TO THE COMPANY'S STOCK PRICES LQ45 LISTED ON THE INDONESIA STOCK EXCHANGE YEAR 2012-2015

Abstract

This study aims to analyze how much influence the Debt to Equity Ratio, Net Profit Margin and Earning Per Share partially to the company's stock prices LQ45 listed on the Indonesia Stock Exchange Year 2012-2015. The study population was LQ45 companies listed in Indonesia Stock Exchange in 2012-2015. The study sample using purposive sampling method. The samples in this study were 5 bank companies in index LQ45 listed Indonesia Stock Exchange. The type of data used are secondary data derived from Indonesian Stock Exchange (IDX). Engineering analysis using multiple linear regression analysis.
Using partially by t test concluded that in partial DER, and NPM do not significantly affect the stock price, while the EPS significant effect on stock prices. The coefficient of determination shown from the adjusted R-square value of 0,899. This means that the dependent variable is 89,9% stock price can be explained by the four independent variables are DER, NPM and EPS, while the remaining 10,1% is explained by variables or other causes outside the model. EPS dominant influence on stock prices in the LQ45 companies listed on the Indonesia Stock Exchange in the period 2012-2015.
Keywords : Stock Price , Debt to Equity Ratio , Net Profit Margin and Earning Per Share