Economos : Jurnal Ekonomi dan Bisnis
Vol. 7 No. 3 (2024): ECONOMOS : Jurnal Ekonomi dan Bisnis

The Effect of Earnings Per Share (EPS) and Debt To Equity Ratio (DER) On Stock Returns In The Consumer Goods Industry Sector on The Indonesia Stock Exchange

Zulkifli Setiok (Unknown)
Suriyanti (Unknown)
Arifin Sugianto (Unknown)
Zahrah Mukhtar (Unknown)
Sitti Zalsamalah (Unknown)
Rama Patawari (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

The capital market serves as a platform for investors to allocate their capital, one of which is through stocks. This study aims to analyze the effect of Earnings Per Share (EPS) and Debt Equity Ratio (DER) on stock prices. The study utilizes secondary data, specifically the Annual Reports of Consumer Goods Industry Sector companies listed on the Indonesia Stock Exchange for the 2020–2023 period, obtained from the website www.idx.co.id. Respondent sampling was conducted using purposive sampling. The data analysis method employs a multiple linear regression analysis with a quantitative approach using a specialized application. The findings of this study reveal that: (1) Hypothesis testing results indicate that the earnings per share variable has a positive and significant effect on stock returns. (2) Hypothesis testing results also show that the debt equity ratio variable has a positive and significant effect on stock returns. This indicates that a higher debt-to-equity ratio impacts the increase in stock returns for consumer goods industry companies.

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Journal Info

Abbrev

economos

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

ECONOMOS : Jurnal Ekonomi dan Bisnis dengan nomor p-ISSN. 2615-7039 dan e-ISSN. 2655-321X. Jurnal ilmiah Ekonomi yang diterbitkan oleh Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Parepare dengan frekuensi setahun tiga kali yaitu April, Agustus dan Desember sebagai wadah pengembangan Ilmu ...