The Analysis Of Stock Price At Indonesia Stock Exchange

Research Article
Jajang Badruzaman., Neneng Rina Andriani R and Irman Firmansyah
DOI: 
http://dx.doi.org/10.24327/ijrsr.2018.0907.2327
Subject: 
science
KeyWords: 
Earning Per Share, Dividen Payout Ratio, Stock Price
Abstract: 

The existence of the capital market in Indonesia is in demand as a source of financing for businesses and places of interest to investors. One of the investment alternatives that investors are interested in is investment in stocks. Stocks are known to have high risk-high return characteristics. This means that stocks are a high risk investment type despite promising a relatively large profit. Therefore it takes research that can find the factors that affect the stock price. In this research factors that will be tested influence stock price are earnings per share and dividend payout ratio. This research was conducted on the company listed in Indonesia Stock Exchage (IDX) with the category of industrial company of basic and chemical materials. The study was conducted in 2013 to 2015, so that 10 companies are consistently listed on IDX. Data analysis using ordinary least square (OLS). Through this model can be obtained F test shows significant that the model has good and can be used partial regression test. The results showed that earnings per share has a positive effect on stock prices and dividend payout ratio also positively affects the stock prices of basic and chemical industy companies listed on the IDX.