ANALYSIS OF INTERNAL AND EXTERNAL FACTORS THAT INFLUENCE STOCK PRICE IN FOOD AND BEVERAGE INDUSTRY LISTED ON IDX

Abstract

The purpose of this research is to examine and analyze the effect of earning per share, price earning ratio, current ratio, return on asset, and broad money supply towards stock price of food and beverage companies listed on Indonesia Stock Exchange. This research used the quantitative method and conducted using purposive sampling focus on 9 selected companies period 2011-2017, the number of observations become 63 samples. The data analysis has proceed through the panel data regression, classical assumption test, and multiple regression done by Eviews 10. The t-test result shows that EPS with coefficient value of 7.43, PER with coefficient value of 31.22, CR with coefficient value of 307.79 have positive significant influence towards stock price, M2 with coefficient value of 7912.19 has negative significant influence towards stock price and ROA with coefficient value of 2576.69 has negative insignificant influence towards stock price. The ftest result found that, independent variables that consist of EPS, PER, CR, ROA, and M2 have simultaneously significant influence towards stock price. Independent variables provide 89.6432% simultaneous influences towards dependent variables. The rest of 10.3568% is influenced by other variables outside the research.