Pengaruh Komponen Arus Kas dan Laba Kotor Terhadap Harga Saham pada Perusahaan Tekstil di Bursa Efek Jakarta Indonesia

Abstract

Stock prices are determined by demand and supply of the shares in the capital market. To make an investment, a lot of things should be considered by investor. Some of them are gross profit information and cash flow components. Increase in gross profit and cash flow components should be followed by an increase in stock prices. But in fact, there are companies with gross profit and cash flow components increased but their stock price decreased, or vice versa. Many investors are still investing their funds in companies with decreased gross profit and cash flow components. This study aims to examine whether there are significant effect of net income and cash flow components on stock price. The population in this study are some companies registered in textile and garment sub companies in BEI period 2013-2017. The samples used were 03 companies. Data were analyzed using panel data regression analysis. Results from this study showed that gross profit, operating cash flow, investment cash flow, and financing cash flows have a significant effect on stock prices simultaneously. In partial gross profit have a significant effect on stock prices with a positive direction. While variable cash flow components have no significant effect on stock prices.