PENGARUH EARNING PER SHARE DAN RETURN ON ASSET TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The

manufacturing

company

is

one

of

the

companies

that

require

a

huge capital

to

cover its

operating

costs. To meet the company’s manufacturing
capital into the stock market. The aim of this study was to determine the effect of
EPS and ROA on stock prices on companies listed in Indonesia Stock Exchange
either simultaneously or partially. Data used in this study are: qualitative data and
quantitative data, the data sources are secondary data. The method of data collection
was done by the study documentation, whereas analytical techniques used are: Test
Classical Assumption, multiple linear regression and hypothesis

testing.
The results of this study are Earning per Share (EPS) has a positive and significant
impact on stock prices so that the hypothesis is accepted. Retun on Assets (ROA) has
no significant positive effect on stock prices so that the hypothesis is rejected. Earning
per Share (EPS) and Retun on Assets (ROA) together have a positive and significant
impact on stock prices so that the hypothesis is accepted. As for the advice given is
that investors should pay attention to the EPS of a company, with the intention as a
material consideration in making investment decisions in the stock market. Investors
should consider the ROA despite having no significant influence on the development
of the stock because ROA is often used to measure the efficiency of the use of assets
in a company.