PENGARUH LEVERAGE, LIKUIDITAS DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR FARMASI DAN KESEHATAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

Penelitian ini bertujuan untuk menguji pengaruh leverage, likuiditas dan profitabilitas terhadap harga saham secara simultan maupun parsial. Desain penelitian menggunakan kuantitatif kausal. Objek penelitian ini adalah perusahaan sub sektor farmasi dan kesehatan yang terdaftar di Bursa Efek Indonesia, dan subjek penelitian adalah leverage, likuiditas, profitabilitas dan harga saham. data dikumpulkan dengan pencatatan dokumen, kemudian dianalisis dengan analisis regresi linier berganda. Hasil penelitian menunjukkan bahwa (1) leverage, likuiditas, profitabilitas berpengaruh signifikan terhadap harga saham dengan besar sumbangan pengaruh yaitu 59,2%, (2) leverage berpengaruh negatif dan tidak signifikan terhadap harga saham sebesar 0,084%, (3) likuiditas berpengaruh positif dan signifikan terhadap harga saham sebesar 34%, (4) profitabilitas berpengaruh positif dan signifikan terhadap harga saham sebesar 19,6%.
Kata Kunci : harga saham, leverage, likuiditas, profitabilitas

This research has a purpose to test the effect of leverage, liquidity, and profitability toward the stock prices in simultaneously or partial. The research design is causal quantitative research. The object of this research is the pharmaceutical and health sub-sector companies that are listed on the Indonesia Stock Exchange, and the subject of this research are leverage, liquidity, profitability, and stock prices. The Data was obtained by documentation technique, afterwards the data will analyze by doubled linear regression. The result of this research shows (1) leverage, liquidity, profitability have significant effect toward the stock prices the effect is about 59,2%, (2) leverage has a negative effect and not significantly toward the stock prices it is about 0,084%. (3) liquidity has positive effect and significantly toward the stock prices it is about 34%. (4) profitability has positive effect and significantly toward the stock prices it is about 19,6%.
keyword : leverage, liquidity, profitability, stock prices