Analisis pengaruh performa keuangan terhadap return saham perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2014-2018
P enelitian ini bertujuan untuk menganalisis dan menguji pengaruh performa keuangan terhadap return saham perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2014 sampai dengan 2018.Sampel yang digunakan dalam penelitian ini adalah 71 perusahaan sektor manufaktur yang terdaftar di BEI periode 2014 sampai dengan 2018 dengan variabel dependen yaitu return saham dan variabel independen berupa Quick Ratio, Debt to Equity Ratio, Return on Invested Capital, Inventory Turnover dan Earning Per Share. Data sampel diambil dari laporan keuangan perusahaan yang dipublikasikan di situs Bursa Efek Indonesia.Hasil penelitian adalah (1)quick ratio berpengaruh negatif terhadap return saham; (2) debt to equity ratio tidak berpengaruh terhadap return saham; (3) return on invested capital berpengaruh positif terhadap return saham; (4) inventory turnover berpengaruh negatif terhadap return saham; dan (5) earning per share berpengaruh positif terhadap return saham.
T his study aims to analyze and test the effect of financial performance on stock returns of manufacturing companies listed on the Indonesia Stock Exchange from 2014 to 2018. The sample used in this study is the manufacturing sector companies listed on the Indonesia Stock Exchange in the 2014 period to 2018 with the dependent variable namely stock returns and independent variables such as Quick Ratio, Debt to Equity Ratio, Return on Invested Capital, Inventory Turnover and Earning Per Share. The sample data is taken from the company's financial statements published on the Indonesia Stock Exchange website.The results of the study are (1) quick ratio has a negative effect on stock returns; (2) debt to equity ratio has no effect on stock returns; (3) return on invested capital has a positive effect on stock returns; (4) inventory turnover has a negative effect on stock returns; (5) and earning per share has a positive effect on stock returns