FACTORS AFFECTING STOCK RETURN OF CONSUMER GOODS SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE 2017-2019 PERIOD
DOI:
https://doi.org/10.31933/dijemss.v3i3.1125Keywords:
Debt to Equity Ratio, Current Ratio, Net Profit Margin, Earning Per ShareAbstract
This study aims to analyze the effect of Debt to Equity Ratio, Current Ratio, Net Profit Margin and Earning Per Share on Stock Return. The population in this study were 64 companies in the Consumer Good sector. The sample used is 39 companies. The sampling method used purposive sampling technique. This research data is in the form of secondary data. The data analysis techn3ique was carried out by panel data regression with the method chosen by the fixed effect model. The results of this study indicate that: (1) Debt to Equity Ratio (DER) has a negative and signicant effect on stock returns of companies in the consumer goods sector; (2) Current Ratio (CR) has a negative and significant effect on stock returns of companies in the consumer goods sector; (3) Net Profit Margin (NPM) has no effect on stock returns of companies in the consumer goods sector; (4) Earning Per Share (EPS) has no effect on stock returns of companies in the consumer goods sector.
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Darmaji, Tjiptono dan Fakhrudin. (2012). Pasar Modal di Indonesia, Edisi Ketiga. Jakarta: Salemba Empat.
Fahmi, Irham. (2018). Pengantar Manajemen Keuangan Teori dan Soal Jawab. Bandung: Alfabeta.
Fatansiru , Nalindri Arin & Candra Vionela Merdiana. (2018). Pengaruh Current Ratio, Debt to Equity Ratio dan Net Profit Margin Terhadap Return Saham Pada Perusahaan Kosmetik dan Barang Keperluan Rumah Tangga Yang Terdaftar Di Bursa Efek Indonesia Periode 2012-2017. Jurnal Fokus, Vol.8 No.2.
Fermatiningrum, E. (2019) Pengaruh Rasio Keuangan Terhadap Likuiditas Saham Pada Sektor Perbankan di Bursa Efek Indonesia Periode 2008-2012. Jurnal Ilmiah Manajemen Bisnis, Vol 5, No 1.
Firdaus and Ika. (2019) Pengaruh Current Ratio, Debt to Equity Ratio dan Return On Assets Terhadap Price Earning Ratio (Studi kasus pada Sub Sektor Konstruksi dan Bangunan yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2017). Jurnal Ilmiah Manajemen Bisnis, Vol 5 No 2.
Jogiyanto, Hartono. (2017). Teori Portofolio dan Analisis Investasi, Edisi 10. Yogyakarta: BPEF UGM.
Kasmir. (2017). Pengantar Manajen Keuangan. Jakarta: Kencana Prenada Media Group.
Investasi Kontan. (2020, Januari 01). Jeblok tahun lalu, saham sektor barang konsumsi diprediksi rebound tahun ini. pp. https://investasi.kontan.co.id/news/jeblok-tahun-lalu-saham-sektor-barang-konsumsi-diprediksi-rebound-tahun-ini.
Kusmayadi, Dedi, Rani Rahman, & Yusuf Abdullah. (2018). Analysis The Effect Of Net Profit Margin, Price To Book Value And Debt To Equity Ratio on Stock Return . International Journal Of Recent Scientific Research, Vol.9, Issue,7(F), pp. 28091-28095.
Mahardika, I Nyoman Febri & Luh Gede Sri Artini (2017). Pengaruh Rasio Pasar dan Rasio Profitabilitas Terhadap Return Saham Perusahaan Di Bursa Efek Indonesia. E-Jurnal Manajemen Unud, Vol. 6 No.4 : 1877-1905.
Muklis, Faiza. (2016). Perkembangan dan Tantangan Pasar Modal Indonesia. Al Masraf (Jurnal Lembaga Keuangan dan Perbankan), Vol. 1, No.1.
Nandini, I Gusti Ayu Ika Yuni Dan Luh Komang Sudjarni. (2017). Pengaruh Likuiditas, Profitabilitas Dan Nilai Pasar Terhadap Return Saham Perusahaan F&B Di BEI. E-Jurnal Manajemen Unud, Vol. 6 No. 6.
Putra, Ferdian Eka dan Paulus Kindangen. (2016). The Influence Of Return On Asset (Roa), Net Profit Margin (Npm), Dan Earning Per Share (Eps) Against The Return On Food And Baferage Company Share That Listed In Indonesia Stock Exchange (Period 2010-2014). Jurnal EMBA, Vol. 4 No. 4.
Risman, A. (2015). Kualitas Harga Saham dan Kurs USD/IDR. Jurnal Ilmiah Manajemen dan Bisnis, Vol 1, Nomor 2.
Septiana, Farda Eka, & Aniek Wahyuati. (2016). Pengaruh Rasio Keuangan Terhadap Return Saham Pada Perusahaan Manufaktur. Jurnal Ilmu dan riset Manajemen, Vol. 5 No. 1 .
Silvia , Mega & Limajatini. (2018). Pengaruh Price To Book Value (PBV), Net Profit Margin (NPM), dan Earning Per Share (EPS) Terhadap Return Saham Pada Perusahaan Property dan Real Estate Yang Terdaftar Di Bursa Efek Indonesia Tahun 2014-2017. Jurnal Ilmiah Akuntansi dan Teknologi , Vol.10 no. 1.
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Published
2022-02-01
How to Cite
Rosdiana, R. (2022). FACTORS AFFECTING STOCK RETURN OF CONSUMER GOODS SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE 2017-2019 PERIOD. Dinasti International Journal of Education Management And Social Science, 3(3), 402–416. https://doi.org/10.31933/dijemss.v3i3.1125
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