THE EFFECT OF PROFITABILITY, LIQUIDITY, LEVERAGE AND INFLATION ON STOCK PRICE
Yasir Maulana, Andini Nurhaeni, Fauziyah Adzimatinur

Program Studi Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Kuningan

Abstract

This study aimed to analyze the extent of the influence of Profitability, Liquidity, Leverage and Inflation on Stock Prices. The variables in this study are Profitability (ROA), Liquidity (CR), Leverage (DAR) and Inflation as independent variables and Stock Price as the dependent variable. The population in this study were Property and Real Estate Sub-Sector Companies during the 2018-2021 period. The sampling technique used was purposive sampling, where 33 companies met the sampling criteria. This study uses descriptive and verification methods with a quantitative descriptive analysis approach. The data was analyzed using Eviews 9.0. Based on the results of the F test Profitability, Liquidity, Leverage and Inflation have a simultaneous effect on Stock Prices, and the results of the t-test show that Profitability and Inflation have a positive and significant effect on Stock Prices, Leverage has a negative and significant effect on stock prices. In contrast, Liquidity has no effect and is insignificant to Stock Prices.

Keywords: Profitability, Liquidity, Leverage, Inflation and Stock Prices

Topic: Financial management