The Analysis of Micro Factors of Companies on Stock Return in the Consumer Cyclicals Sector on the Indonesia Stock Exchange

Abstract

Consumer cyclicals are a group of stocks that are influenced by economic conditions and business cycles of companies. When the economy grows, stock prices increase; conversely, when the economy declines, their stock prices will also decrease. The rising interest of the public in the capital market will stimulate the economy. The investments made by the public are expected to provide returns on the stocks in the future. The purpose of this research is to determine whether there is an influence between capital structure, company size, financial distress, CR, and EPS on stock returns. The population in this study consists of companies in the consumer cyclicals sector listed on the Indonesia Stock Exchange. The analysis techniques used include descriptive statistical analysis, classical assumption tests, and t-tests. The results show that capital structure, CR, and EPS have a significant impact on stock returns, while company size and financial distress do not significantly affect stock returns