Blue Star Foods Corp. (BSFC)

NASDAQ: BSFC · IEX Real-Time Price · USD
0.0660
+0.0014 (2.17%)
At close: Apr 23, 2024, 4:00 PM
0.0650
-0.0010 (-1.52%)
After-hours: Apr 23, 2024, 7:53 PM EDT
2.17%
Market Cap 2.69M
Revenue (ttm) 6.12M
Net Income (ttm) -4.47M
Shares Out 40.68M
EPS (ttm) -0.88
PE Ratio n/a
Forward PE 5.55
Dividend n/a
Ex-Dividend Date n/a
Volume 5,042,621
Open 0.0623
Previous Close 0.0646
Day's Range 0.0610 - 0.0667
52-Week Range 0.0590 - 2.7000
Beta 2.44
Analysts Strong Buy
Price Target 20.00 (+30,203.03%)
Earnings Date May 20, 2024

About BSFC

Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized various crab meats sourced primarily from Southeast Asia; and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Pacifika, Oceanica, Crab & Go Premium Seafood, Lubkin, First Choice, Good Stuff, Coastal Pride Fresh, and Little Ced... [Read more]

Industry Packaged Foods
Founded 1995
Employees 21
Stock Exchange NASDAQ
Ticker Symbol BSFC
Full Company Profile

Financial Performance

In 2023, BSFC's revenue was $6.12 million, a decrease of -52.03% compared to the previous year's $12.77 million. Losses were -$4.47 million, -66.11% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for BSFC stock is "Strong Buy" and the 12-month stock price forecast is $20.0.

Price Target
$20.0
(30,203.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Blue Star Foods Secures Additional Non-Dilutive Growth Capital to Support Expansion of Business Under Existing Master Service Agreement & Soft Shell Crab Operations

Miami, FL, April 17, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustai...

6 days ago - GlobeNewsWire

Blue Star Foods Signs Agreement with Eagle Rising to Provide High-Quality, Nutritious Meals for U.S. Military

Initial Launch Expected to Roll Out to Numerous Military Bases Over the Next Few Months Miami, FL, April 10, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or...

13 days ago - GlobeNewsWire

Blue Star Foods Starts its Soft-Shell Crab Season

Production and Distribution from its Facility in South Carolina Miami, FL, March 25, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), ...

4 weeks ago - GlobeNewsWire

Blue Star Foods Executes Transformational Master Service Agreement to Generate an Expected $20 Million Additional Revenue in 2024

Miami, FL, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustain...

2 months ago - GlobeNewsWire

Blue Star Foods Attains Green Rating in Latest EcoVadis Scorecard

Significant Upgrade from Previous Rating Miami, FL, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmen...

4 months ago - GlobeNewsWire

Blue Star Foods Provides Shareholder Update

Evaluating Several Strategic Acquisitive and Organic Growth Opportunities Miami, FL, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ:...

5 months ago - GlobeNewsWire

Blue Star Foods Signed 2-Year Bid Award Purchase Agreement with Sysco Corporation

Miami, FL, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustain...

5 months ago - GlobeNewsWire

Blue Star Foods Repays Convertible Note

Miami, FL, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp ., (“ Blue Star , ” the “ Company,” “we,” “our” or “us”) ( N ASDAQ : BSFC), an integrated Environmental, Social, and Governance (ESG...

7 months ago - GlobeNewsWire

Blue Star Foods Announces Closing of $5 Million Public Offering

Miami, FL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), today announced the closing of its previously announced public of...

8 months ago - GlobeNewsWire

Blue Star Foods Announces Pricing of $5 Million Public Offering

Miami, FL, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), today announced the pricing of its public offering of an aggregat...

8 months ago - GlobeNewsWire

Blue Star Foods Awarded License Renewal for Soft-Shell Crab Operations in South Carolina

Extended Through June 2024 Miami, FL, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp.

8 months ago - GlobeNewsWire

Blue Star Foods Reports $3.5 Million Revenue for First Half 2023 Ended June 30, 2023

Reduction in Operating Expenses Led to Decrease in Operating Loss Miami, FL, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC),...

8 months ago - GlobeNewsWire

Blue Star Foods Regains Compliance with NASDAQ Minimum Bid Price Requirement

Miami, FL, July 13, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp ., (“ Blue Star , ” the “ Company,” “we,” “our” or “us”) ( N ASDAQ : BSFC), an integrated Environmental, Social, and Governance (ESG)...

10 months ago - GlobeNewsWire

Blue Star Foods Granted Option to Purchase Land for RAS Expansion in South Carolina

Miami, FL, June 30, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp ., (“ Blue Star , ” the “ Company,” “we,” “our” or “us”) ( N ASDAQ : BSFC), an integrated Environmental, Social, and Governance (ESG)...

10 months ago - GlobeNewsWire

Blue Star Foods Strengthens Balance Sheet by Paying Off its $5 Million Asset Based Line of Credit to Zero Balance

Miami, FL, June 22, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp ., (“ Blue Star , ” the “ Company,” “we,” “our” or “us”) ( N ASDAQ : BSFC), an integrated Environmental, Social, and Governance (ESG)...

10 months ago - GlobeNewsWire

Blue Star Foods Corp. Announces Reverse Stock Split

Miami, Florida, June 20, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp. (NASDAQ:BSFC) (“Blue Star” or the “Company”), an integrated Environmental, Social, and Governance (ESG) sustainable seafood comp...

11 months ago - GlobeNewsWire

Blue Star Foods Signs $1 Million Supply Agreement with Bloomin' Brands

Supply ing Pasteurized Crab Meat for its Outback Steak h ouse

11 months ago - GlobeNewsWire

Blue Star Foods Reports $1.9 Million Revenue for First Quarter Ended March 31, 2023

Miami, FL, May 23, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSF C), an integrated Environmental, Social, and Governance (“ESG”) susta...

1 year ago - GlobeNewsWire

Blue Star Foods' 2022 ESG Report Included in Two Most Prominent Sustainability Reporting Standards

Miami, FL, May 08, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp ., (“ Blue Star , ” the “ Company,” “we,” “our” or “us”) ( N ASDAQ : BSFC), an integrated Environmental, Social, and Governance (ESG) ...

1 year ago - GlobeNewsWire

Blue Star Foods Ramps Shipments to Just Food For Dogs Under its Supply Agreement for Up to $4 Million Annually

New Category Relationship Progressing as Expected Miami, FL, April 26, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp ., (“ Blue Star , ” the “ Company,” “we,” “our” or “us”) ( N ASDAQ : BSFC), an int...

1 year ago - GlobeNewsWire

Blue Star Foods Reports Preliminary Unaudited Full Year 2022 Growth of 20% to Approximately $12.0 Million Revenue

Miami, FL, April 03, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp ., (“ Blue Star , ” the “ Company,” “we,” “our” or “us”) ( N ASDAQ : BSFC), an integrated Environmental, Social, and Governance (ESG...

1 year ago - GlobeNewsWire

Blue Star Foods Reports Strong 2nd Half 2022 Performance Operating Metrics at its RAS Salmon Division

Validates the Business Model to Expand Facility

1 year ago - GlobeNewsWire

Aegis Capital Corp. Acted as Sole Bookrunner on a $1.8 Million Underwritten Public Offering for Blue Star Foods Corp. (NASDAQ:BSFC)

NEW YORK, NY / ACCESSWIRE / February 14, 2023 / Aegis Capital Corp. acted as Sole Bookrunner on a $1.8 Million Underwritten Public Offering for Blue Star Foods Corp. (NASDAQ:BSFC). About Blue Star Foo...

1 year ago - Accesswire

Blue Star Foods Closes $1.8 Million Underwritten Public Offering of Common Stock

MIAMI, FL, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (NASDAQ:BSFC) (the "Company"), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus o...

1 year ago - GlobeNewsWire

Blue Star Foods Prices $1.8 Million Underwritten Public Offering of Common Stock

MIAMI, FL, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (NASDAQ:BSFC) (the "Company"), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus o...

1 year ago - GlobeNewsWire