Auto Dealerships: Lentuo International (NYSE:LAS), Lithia Motors (NYSE:LAD), Copart, Inc. (NASDAQ:CPRT), China Auto Logistics (NASDAQ:CALI), Rush Enterprises (NASDAQ:RUSHB)

On May 9, Lentuo International Inc. (NYSE:LAS) said that its net loss attributable to controlling interest for the fourth quarter of 2013 narrowed to RMB7.1 million or $1.2 million, from RMB24.3 million for the same period in 2012. Loss per ordinary share was RMB0.11 or $0.02 compared to loss per ordinary share of RMB0.41 in the year ago quarter. This translated into loss per ADS of RMB0.22 or $0.04 in the fourth quarter of 2013. Each ADS represents two ordinary shares. Lentuo International Inc (ADR) (NYSE:LAS) net profit margin is 0.20% and weekly performance is -34.26%. On last trading day company shares ended up $1.90. Analysts mean target price for the company is $7.66. Lentuo International Inc (ADR) (NYSE:LAS) distance from 50-day simple moving average (SMA50) is -42.80%.

Lithia Motors Inc (NYSE:LAD) had its price target upped by KeyCorp from $83.00 to $85.00 in a research note issued to investors on Thursday. The firm currently has a buy rating on the stock. Lithia Motors Inc (NYSE:LAD) shares advanced 2.17% in last trading session and ended the day on $77.68. Gross Margin is 15.70% and its return on assets is 6.50%. Lithia Motors Inc (NYSE:LAD) quarterly performance is 28.91%.

Copart, Inc. (NASDAQ:CPRT) announced that it will release earnings for the third quarter of fiscal 2014 after the close of market on Wednesday, May 28, 2014. On Thursday, May 29, 2014 a conference call will be held at 11:00 a.m. Eastern Time (10 a.m. Central) to discuss the results and answer questions regarding the company’s performance for the quarter ended April 30, 2014. Copart, Inc. (NASDAQ:CPRT) shares moved up 0.33% in last trading session and was closed at $36.48, while trading in range of $36.12 – $36.75. Copart, Inc. (NASDAQ:CPRT) year to date (YTD) performance is -0.46%.

On May 15, China Auto Logistics Inc (NASDAQ:CALI), a top seller in China of luxury imported automobiles, a leading provider of auto-related services and a soon to be entrant in used car sales in China, reported that revenues in its first quarter ended March 31, 2014, were down slightly compared with last year’s first quarter to approximately $107 million. Revenues in the first quarter of 2014 were $106,975,050, down 0.60% from $107,625,066 a year earlier. The 2014 figure does not include revenues from Car King Tianjin, which are accounted for under the equity method of accounting as the Company’s equity interest is less than half at 40%. Sales of Automobiles accounted for 97.90% of revenues in the quarter, up from 97.41% a year earlier. China Auto Logistics Inc (NASDAQ:CALI) ended the last trading day at $1.99. Company weekly volatility is calculated as 7.35% and price to cash ratio as 1.33. China Auto Logistics Inc (NASDAQ:CALI) showed a positive weekly performance of -7.44%.

Rush Enterprises Inc (NASDAQ:RUSHA) was downgraded by analysts at TheStreet from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday. Rush Enterprises, Inc. (NASDAQ:RUSHB) weekly performance is 0.45%. On last trading day company shares ended up $29.28. Rush Enterprises, Inc. (NASDAQ:RUSHB) distance from 50-day simple moving average (SMA50) is 2.95%.