Blue Star Foods Corp. (BSFC)

NASDAQ: BSFC · IEX Real-Time Price · USD
3.013
-0.777 (-20.50%)
May 20, 2024, 11:38 AM EDT - Market open
-20.50%
Market Cap 143.93M
Revenue (ttm) 6.49M
Net Income (ttm) -3.61M
Shares Out 953.20K
EPS (ttm) -0.12
PE Ratio n/a
Forward PE 5.55
Dividend n/a
Ex-Dividend Date n/a
Volume 426,571
Open 3.970
Previous Close 3.790
Day's Range 2.863 - 3.970
52-Week Range 2.050 - 120.000
Beta 2.53
Analysts Strong Buy
Price Target 20.00 (+556.81%)
Earnings Date May 15, 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 crab meats 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, Oceanica, Pacifika, Crab & Go, Lubkin's Coastal Pride, First Choice, Good Stuff, Coastal Pride Fresh, TOBC, and Little Cedar Farms brands. Blue Star Foods Corp. wa... [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
(556.81% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Blue Star Foods Reports 19% Growth to $2.3 Million Revenue for First Quarter Ended March 31, 2024

Increase in Revenues Leads to 44% Reduction in Losses Miami, FL, May 20, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrate...

2 hours ago - GlobeNewsWire

Blue Star Foods Announces 1-for-50 Reverse Stock Split

Miami, FL, May 15, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustaina...

4 days ago - GlobeNewsWire

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...

4 weeks 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...

5 weeks 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), ...

2 months 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...

3 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...

5 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:...

6 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...

6 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...

8 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...

9 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.

9 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),...

9 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)...

11 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)...

11 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)...

11 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

1 year 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