PENGARUH KINERJA KEUANGAN DAN VARIABEL MAKROEKONOMI TERHADAP HARGA SAHAM PADA PERUSAHAAN MAKANAN DAN MINUMAN DI BURSA EFEK INDONESIA

The purpose of this research is to test and analyze the influence of financial performance on stock prices, the influence of Debt to Equity Ratio on share prices, the influence of Earning Per Share on share prices, the influence of Net Profit Margin on share prices, the influence of interest rates on share prices, and the influence of inflation on share prices in food and beverage companies listed on the Indonesia Stock Exchange in 2017-2022. The population in this study was 33 food and beverage companies listed on the Indonesia Stock Exchange. The sample in this research used purposive sampling totaling 20 companies. Research data collection techniques use secondary data. This research data analysis technique uses a quantitative approach. The data analysis technique in this research uses Panel Data Regression. The best model for this research is the Common Effect Model (CEM). The results of this research prove that partially the Debt to Equity Ratio has a negative and significant effect on stock prices, Earning Per Share has a positive and significant effect on stock prices, Net Profit Margin has a positive and significant effect on stock prices, Interest Rates have a positive and insignificant effect on prices. shares, and inflation have a positive and insignificant effect on share prices. Simultaneously, Debt to Equity Ratio, Earning Per Share, Net Profit Margin, Interest Rates and Inflation have a positive and significant effect on stock prices.